WICHITA, KAN. – Cargill announced on Jan. 26 the acquisition of ProPortion Foods, a Los Angeles-based processor of fully cooked beef, pork and poultry products for customers in the foodservice and retail segments. Founded in 2019, the company’s operations include two processing plants that are included in the purchase, one in Vernon, Calif., and the other in Round Rock, Texas. According to Cargill, the deal closed in December 2020 and is the next step in its efforts to offer more value-added products to its portfolio. Terms of the acquisition were not disclosed.
Rob Stewart, managing director for growth ventures in Cargill’s North American protein business, said the two plants produce ready-to-cook and ready-to-eat products in single serving and family size portions for regional and national restaurant chains, including quick-service restaurants and casual dining concepts.
“We are investing in our future and look forward to growing the Cargill team and our presence in the southern and western US while continuing to build our customer portfolio,” Stewart said.
Cargill said that ProPortion has around 650 employees who will join the company. The Round Rock location is 210,000-square-foot and the Vernon plant is 50,000-square-foot.
Brian Levy said he and the other three founders of ProPortion are proud of their commitment and hard work to build the successful company.
“We’re delighted that the business and our employees will have the opportunity to grow with Cargill, completing the vision we set out to achieve,” Levy said.