About ProPortion Foods
ProPortion Foods was created in 2009 to deliver quality service to retail and foodservice customers. On January 26th, 2021, ProPortion Foods was acquired by Cargill. The terms of the transaction were not disclosed.
Latest ProPortion Foods News
Jan 31, 2021
1 hour ago US –American based global food corporation Cargill has expanded its protein product offering though the acquisition of ProPortion Foods, a US manufacturer of meat products including portion control steaks and marinated ready-to-grill meats. The deal includes two plants, in Round Rock, Texas and Vernon, California, which will produce a variety of fully cooked protein products for Cargill’s retail and foodservice channel customers. Commenting on the acquisition, Brian Levy, a partner with ProPortion Foods, said: “We’re delighted that the business and our employees will have the opportunity to grow with Cargill, completing the vision we set out to achieve.” In California, the newly acquired food facility will join the already existing Fresno-Sanger complex which produces beef, ground beef, case-ready protein solutions and pet treats. In Texas, Proportion Food’s facility will join Cargill’s Fort Worth facility that has both cooked and grind capabilities along with a cooked facility in Waco and a primary processing facility in Friona. According to Cargill, the newly acquired facilities have capabilities ranging from ready-to-cook and ready-to-eat meals, to value-added proteins for foodservice. ADVERT “Our agreement with ProPortion Foods is an exciting next step as we continue to execute our growth strategy and build our value-added cooked business,” said Rob Stewart, managing director for growth ventures in Cargill’s North American protein business. “We are investing in our future and look forward to growing the Cargill team and our presence in the southern and western US while continuing to build our customer portfolio.” Prior to Proportion Food’s acquisition, Cargill has had a thriving North America protein business with a wide range of products including fresh, frozen and cooked beef, turkey, pork, chicken and egg protein offerings. The company also produces sauces, soups, case ready products, pet treats and by-products for retail, foodservice and food ingredient customers. Liked this article? Subscribe to Food Business Africa News, our regular email newsletters with the latest news insights from Africa and the World’s food and agro industry. SUBSCRIBE HERE
ProPortion Foods Frequently Asked Questions (FAQ)
When was ProPortion Foods founded?
ProPortion Foods was founded in 2009.
Where is ProPortion Foods's headquarters?
ProPortion Foods's headquarters is located at 4020 Compton Avenue, Los Angeles.
What is ProPortion Foods's latest funding round?
ProPortion Foods's latest funding round is Acquired.
Who are the investors of ProPortion Foods?
Investors of ProPortion Foods include Cargill.