Services Group of America has announced the purchase of the assets of Washington State-based meat producer S&P Foods on 9 August.
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The deal makes S&P Foods an independent operating company of DSA Meats, a wholly-owned subsidiary of Services Group.
A wholesaler and producer of meat products in the western US, S&P Foods will continue to maintain its US$35m customer base and its custom meat cutting operations in both Spokane and Tacoma, Washington. Currently S&P Foods employs 95 people in its headquarters facility in Spokane and 14 meat cutters in its Tacoma plant.
The company president, Tim Loveall, will continue in his previous position. No transaction figures were released.
Thomas J. Stewart, chairman and CEO of Services Group, said: “Adding the fine reputation of S&P Foods to our family of companies can only enhance the consistency of the products we deliver.
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By GlobalData“We view this relationship as an opportunity to expand our overall services to the foodservice and retail meats marketplace.”
