Cargill Boosts Protein Portfolio with Purchase of Texas-Based Five Star Custom Foods

The deal will see Cargill snap up two Five Star Custom Foods facilities in Fort Worth, Texas and in Nashville.

 

The food processing and agriculture company said the acquisition, which will sit within its protein division, will lead to a number of benefits, including supply chain benefits as well as boosting its cooked protein offering. No financial details of the deal were disclosed.

 

Cargill's existing protein portfolio runs across turkey, beef and cooked meats and is a global business.

 

“We’re thrilled with the opportunity to add Five Star Custom Foods to the Cargill family because it has a record of proven success producing high-quality, value-added, customized products that delight its customers,” said Brian Sikes, corporate vice president of Cargill’s protein businesses.

 

“We are acquiring an excellent company with talented people who do an outstanding job delivering a five star experience to their customers, helping them to succeed and grow. “

 

“Adding Five Star Custom Foods to Cargill’s protein business will provide us with new capabilities we currently do not have, while allowing us to be more nimble in our ability to meet the ever-changing needs of our customers and consumers in today’s fast-paced marketplace."

 

“We will also learn from the proven success of the Five Star Custom Foods team, which will allow us to enhance our own portfolio as we continue to grow our protein business.”
“Cargill is a company with a rich history and reputation for producing exceptional products,” stated Jeff Bledsoe, president and founding partner of Five Star Custom Foods.

 

“Together, we share a commitment for taking care of employees and nurturing customer relationships. As we look toward the future, we are excited by Cargill’s commitment to excellence and long-term profitable growth. We truly believe this to be a ‘winning’ scenario for everyone involved.”

 

“We take great pride in our ability to deliver high-quality, safe and nutritious food to people around the world,” stated John Keating, president of Cargill Meats Solutions Corporation. “These two locations in Fort Worth and Nashville fit well with Cargill’s existing U.S. geographic footprint, and we look forward to sharing our vision and passion for protein with the Five Star Custom Foods team.” 

 

Five Star Custom Foods was set up in 1999 and employs 385 people.

 

The acquisition marks Cargill's second Fort Worth-based business that it has purchased in the past four years, following its purchase of a beef grind facility in the area.