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New Deal


Announced

Completed

Atlas Holdings completed the acquisition of Foster Farms.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private

Farming Fishing Ranching and Plantations

Single Bidder

Majority

Domestic

Acquisition

Private Equity

Friendly

poultry products

Completed

Synopsis

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Atlas Holdings, a diversified group of manufacturing, distribution, service and trading businesses, completed the acquisition of Foster Farms, a family-owned provider of fresh, frozen, and prepared poultry products headquartered in Livingston, California. Financial terms were not disclosed. "I love the poultry industry and am proud that Atlas has asked me to become the CEO of Foster Farms. I've long been an admirer of the Foster Family and the business they've built over the past eight decades. In this new era, we will maintain and further that legacy, rooted in animal welfare, superior product quality, customer service and community engagement," Donnie Smith, Foster Farms Chairman and CEO.

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