Mason Wells acquires Eddy Packing
Jan. 4, 2012
MILWAUKEE — Private equity firm Mason Wells has closed on the acquisition of Eddy Packing Co., Inc., a processor of beef, pork and poultry products. Eddy will be owned by Mason Wells, management and other co-investors.
Eddy is headquartered in Yoakum, Texas, and offers private label products to major retailers and food service distributors. The company offers a line of fully cooked, marinated, cured, fresh and frozen meat products.
“Mason Wells is pleased to be partnering with Eddy Packing to continue building upon its success while expanding its market reach and developing new products,” said Greg Myers, managing director of Mason Wells. “Eddy has a dedicated management team and workforce and a culture devoted to serving its customers.”
Ronald Beeman has owned Eddy since 1998 and will continue to be an investor and a member of the board of directors. Scott McNair, who has previously held executive positions at Schwan’s, Tyson and ConAgra, has joined the company as chief executive officer.