Seaboard Farms to acquire Daily's

25/05/05 Seaboard Farms, Inc., has announced that it had entered into an agreement to acquire Daily's, a bacon processor located in the Western United States. The acquisition will include Daily's two bacon-processing plants located in Salt Lake City and Missoula, Mont. Seaboard expects to complete the transaction by early July.

The two Daily's Foods plants produce premium sliced and precooked bacon for food service. The company, formed in 1893, has developed a strong food service brand in the West. Seaboard Farms plans to continue using the Daily's brand.

The Daily's bacon plants will become part of the newly created Seaboard Farms Processed Meats Division.

Daily's Foods has been a long-time customer of Seaboard Farms, creating a good relationship and understanding of each company's capabilities. Through its integrated pork system, Seaboard Farms produces high-quality zero-scribe, center-cut pork bellies used for premium center-cut bacon production. Seaboard Farms produces and sells retail and food service products under the PrairieFresh(R) Premium Pork brand.

Almost two years ago, Seaboard Farms began to aggressively pursue the food service market. The addition of Daily's bacon products will allow Seaboard Farms to offer a wider spectrum of pork products, while still providing customers with the quality and food safety they've come to expect from Seaboard Farms.

Seaboard Farms, Inc., headquartered in Shawnee Mission, Kan., is a leading integrated food producer and processor of pork in the United States, and a top exporter to Japan and Mexico. The company employs more than 4,000 people in Oklahoma, Kansas, Colorado and Texas, and markets pork products under the PrairieFresh(R) Premium Pork brand. In addition to its food safety commitment, Seaboard Farms has been recognized for its aggressive research and proactive environmental standards.

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