SOURCE: Harvest Meat Company

Harvest Meat Company

March 11, 2013 14:12 ET

Harvest Meat Company Acquires Distribution Assets from Randall Farms

Randall to Continue Processing and Marketing Value-Added Product Lines

SAN DIEGO, CA--(Marketwire - March 11, 2013) -  Harvest Meat Company, Inc., a national distributor of protein products to retail and foodservice customers, today announced the acquisition of certain Randall Farms distribution assets from Randall Foods, Inc. Financial terms of the transaction were not disclosed.

In connection with the acquisition, Harvest will assume operation of Randall's distribution center in Los Angeles.

"We are continuing to invest in the growth of our business. We are branching out and building additional scale around the same fundamental principles that have guided our company for more than 20 years," said Harvest CEO Jay Leavy. "The Randall distribution business is a good fit for Harvest. We look forward to providing our new customers with the same exceptional service, reliable delivery, superior products and competitive prices that have been hallmarks of Harvest Meat Company since 1989."

Following the sale, Randall Foods will continue processing and marketing its value-added processed fresh meat products, including the company's Moist & Tender Chicken, Easy Does It Meal tray packs, marinated meat products and other gourmet lines.

"By selling our bulk distribution business, we can focus even more on our processing operation and on delivering the high-quality, value-added products that our customers expect," said Stan Bloom, Randall CEO. "We know our bulk customers are in good hands with Harvest."

About Harvest Meat Company

Founded in 1989, Harvest Meat Company delivers an array of packaged protein products to more than 4,000 retail and food service customers, including independent grocers, chain supermarkets, foodservice distributors, food manufacturers and club stores. Customers look to Harvest to meet their product needs in beef, pork, poultry, seafood, veal, lamb, processed meats and cheese categories. Harvest's network includes 11 distribution centers in Arizona, California, Colorado, Florida, Missouri, Nebraska, Oregon and Utah.

About Randall Farms

Founded in 1952, Randall Farms is a processor and distributor of poultry, pork and beef products to retail food outlets and foodservice operators in Southern California, Arizona and Nevada. Randall markets more than 500 different beef, chicken, and pork products under the Randall Farms brand name. The company's value-added (prepared dinner) fresh meats are sold under the moist & Tender, Easy Does It Meals brand and feature everything to make a complete home-cooked dish. Randall also offers a line of natural meats raised free of antibiotics or growth hormones, with no added artificial ingredients.

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