OK Foods to acquire Albertville Quality Foods

by Staff
Share This:
Search for similar articles by keyword: [Retail]

Albertville Quality Foods products
Albertville Quality Foods is a supplier of value-added protein products to food service, retail and national accounts.
 

CELAYA, MEXICO — Industrias Bachoco S.A.B. de C.V. (Bachoco) has reached agreement to acquire, through its OK Foods subsidiary, Albertville, Ala.-based Albertville Quality Foods (AQF), a supplier of value-added protein products to food service, retail and national accounts. Details of the transaction were not disclosed.

Rodolfo Ramos, Industrias Bachoco Sab de CV
Rodolfo Ramos, c.e.o. of Bachoco

“With this acquisition, we will continue the growing of our U.S. operation, mainly with further processed products,” said Rodolfo Ramos, chief executive officer of Bachoco. “We are confident that we will be able to quickly integrate this company into our current operations and to capitalize the opportunities and synergies we have identified.”

Bachoco expects the acquisition to close in a short time, the company said.

With sales of approximately $270 million per year, AQF operates two facilities totaling 147,000 square feet.

Albertville Quality Foods facility
Albertville Quality Foods operates two facilities totaling 147,000 square feet.
 

“We currently produce multiple proteins and vegetables on six par fry lines, two IQF lines and two hand sizing operations,” AQF said on its web site. The company specializes in hand-sizing, portioning, marinating, breading and par frying.

Industrias Bachoco is a producer and processor of poultry and other food products. Oklahoma City-based OK Foods, a unit of Bachoco, produces fully-cooked chicken products. 
Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.

 

 


The views expressed in the comments section of Food Business News do not reflect those of Food Business News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.