JBS USA has announced that Swift Prepared Foods Inc. a subsidiary, will acquire Sunnyvalley Smoked Meats Inc. based in California for $90 million. The company produces smoked bacon, ham and turkey products under the Sunnyvalley Brand. The purchase includes the production facility in Manteca, CA.
Tom Lopez, president and CEO of Swift Prepared Foods stated, “Today’s announcement is consistent with our company long-term strategy to increase our value-added and branded portfolio to provide even more diverse product offerings to customers and consumers.”
Swift Prepared Foods operates seven plants located in Mississippi, Indiana, Iowa and Vermont in addition to a new facility to prepare Italian meats to be located in Columbia, MO.