Emory & Co. served as the exclusive financial advisor to Great Lakes Packing Co. International in its sale to City Foods. The terms were not disclosed.
Great Lakes Packing Co., based in Chicago, IL, is a branded protein business that specializes in processing brine-cured meat products for sale to customers across the Caribbean and United States.
City Foods is a processor and global distributor of salt-cured meats that is known today for products sold under the Bea’s Best brand as well as private label.
“We ran a full-scale process, contacting numerous strategic buyers and private equity groups. Ultimately, City Foods emerged as the clear choice as the best buyer and best fit,” said Taylor Kotke, Managing Director at Emory & Co.
Emory & Co. worked closely with Great Lakes Packing Co. International and its owners throughout the sale process, leading the marketing, negotiation and due diligence phases of the transaction.