Central Valley Meat Strikes Deal to Acquire Fresno Cargill Plant
May 28, 2024 | 1 min to read
Central Valley Meat Holding Co., based in Hanford, has expanded by acquiring the Cargill Meat Solutions beef processing plant in Fresno. This acquisition enhances the company's processing capabilities, enabling it to better serve market demands while reaffirming its commitment to supporting California's cattle and dairy industry. The terms of the deal were not disclosed, but Cargill is noted as the largest privately owned business in the country, with profits of approximately $18.5 billion from 2020 to 2023.
Hanford-based Central Valley Meat Holding Co. has expanded once again with the announcement that it has reached an agreement to acquire the Cargill Meat Solutions beef processing plant in Fresno.
The move strengthens the company’s processing capabilities, allowing it to better meet market demands while reinforcing its commitment to supporting the cattle and dairy industry in California and the western region, according to a news release.
The terms of the acquisition agreement were not disclosed. Family-owned Cargill is recognized as the country’s largest privately owned business in the country by revenue, with Bloomberg reporting that from 2020 to 2023 it reported profits of about $18.5 billion.
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