Gordon Brothers announced that it has entered into a strategic partnership with Carolina Pride, a family-owned packaged meat producer based in Greenwood, South Carolina. Gordon Brothers, through its wholly-owned entity CPF Holdings LLC, now holds a majority equity interest in Carolina Pride. Family members of company founder, Dr. W.A. Barnette, have retained an equity interest in Carolina Pride and will remain involved in the company.
Carolina Pride will continue to operate in Greenwood, just as it has for almost a century. This change in corporate structure will allow Carolina Pride to build upon its storied history and heritage without disrupting the day-to-day operations of the company.