Jack Link’s Beef Jerky has reached an agreement to acquire a packaged meat snack products manufacturing facility located in Bellevue, Neb., from Skylark Meats LLC, a subsidiary of American Foods Group LLC. The transaction is expected to close by the end of October, subject to customary closing conditions. Terms of the deal were not disclosed.
The acquisition will enable Jack Link’s to increase production capacity in order to meet growing consumer demand for the Jack Link’s brand. The meat snacks category has grown nearly 13 percent in 2012 year-to-date, and this agreement will help to further position Jack Link’s for future growth, according to a company news release.
“Skylark Meat’s Bellevue plant is a perfect fit for our business with an experienced workforce and management team,” said Jack Link, CEO and chairman of the board of Jack Link’s Beef Jerky. “The addition of this plant gives us the opportunity to expand on our existing manufacturing operations and enhance our ability to meet our customers’ needs.”
The Bellevue facility is a current co-packaging producer of some of Jack Link’s meat snack products. Jack Link’s plans to retain current management and employees at the Nebraska plant.
Headquartered in Minong, Wis., Jack Link’s is the No. 1 U.S. meat snack brand and fastest-growing meat snack manufacturer worldwide, the news release says.