Poultry producer Foster Farms exploring a sale as industry consolidates
Story Date: 10/29/2021

 

Source: Gillian Tan and Crystal Tse, FARM PROGRESS, 10/28/21


Foster Farms, a family-owned poultry producer, is exploring a sale, according to people with knowledge of the matter. The Livingston, California-based company is working with an adviser as it solicits takeover interest from bidders including private equity firms, the people said.  “Foster Farms has and will continue to evaluate strategic partnerships with customers, suppliers and other partners,” Helen Kurtz, the company’s chief marketing officer, said in an emailed statement. “We are confident in our strategic plan, and will determine if partnerships further enhance our competitive position,” Kurtz said...

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