McLane Company Inc., a subsidiary of Berkshire Hathaway, has entered into an agreement to acquire Meadowbrook Meat Company Inc. MBM, based in Rocky Mount, N.C., is one of the nation's largest customized foodservice distributors for national restaurant chains. The acquisition is subject to customary closing conditions, including the termination of the applicable waiting period under the Hart-Scott-Rodino Act.
MBM will continue to be run in the same prudent and professional manner as it has been for the past 65 years, led by the current executive management team, and operating out of its existing facilities in the same markets. The only change to MBM’s business will be new access to enhanced resources, operational best practices and intellectual capital that will provide significant upside and opportunity for increased levels of success for MBM, McLane and the customers both companies serve.