Cargill has signed an agreement to acquire Fort Worth, Texas-based Five Star Custom Foods, Ltd., a business specializing in cooked protein products and custom prepared soups and sauces for the foodservice and food processing sectors. The acquisition includes both of the Five Star Custom Foods facilities in Fort Worth and Nashville, Tenn. Adding Five Star Custom Foods to the Cargill family will enhance the company’s existing cooked protein capabilities, optimize supply chain efficiencies and provide innovation opportunities. Terms of the agreement were not disclosed and the transaction will be subject to customary regulatory review, with approval and finalization of the purchase expected this summer.
“We’re thrilled with the opportunity to add Five Star Custom Foods to the Cargill family because it has a record of proven success producing high-quality, value-added, customized products that delight its customers,” said Brian Sikes, corporate vice president of Cargill’s protein businesses headquartered in Wichita, Kan. “We are acquiring an excellent company with talented people who do an outstanding job delivering a five star experience to their customers, helping them to succeed and grow.