HomeFoodSwift to acquire Sunnyvalley Smoked Meats | 2021-10-15

Swift to acquire Sunnyvalley Smoked Meats | 2021-10-15

SÃO PAULO, BRAZIL — JBS SA introduced its subsidiary, Swift Prepared Foods, has reached an settlement to acquire Sunnyvalley Smoked Meats Inc. for $90 million.

The Manteca, Calif.-based firm produces quite a lot of smoked bacon, ham and turkey merchandise for retail and wholesale prospects beneath the Sunnyvalley model. The acquisition by Swift consists of the corporate’s manufacturing facility in Manteca, which employs greater than 300 folks and has gross annual revenues of $150 million.

“Today’s announcement is consistent with our company’s long-term strategy to increase our value-added and branded portfolio, and provide even more diverse product offerings to customers and consumers,” JBS stated.

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