Taylor Farms Acquires Curation Foods' Fresh Packaged Salads, Green Beans and Fresh Cut Vegetables Business from Landec Corporation

Rhea-AI Summary

Taylor Farms has acquired Curation Foods' fresh packaged salads, green beans, and fresh cut vegetables business from Landec Corporation (Nasdaq: LNDC), effective December 13, 2021. This strategic acquisition includes the Eat Smart® brand and production facilities in Guadalupe, CA, and Bowling Green, OH. The move aims to strengthen Taylor Farms' product offerings and improve assured supply for customers, addressing the increasing consumer demand for chopped salads and fresh vegetables.

Positive

• Acquisition enhances Taylor Farms' product offerings in fresh salads and vegetables.
• Improves assured supply with a new production facility in Santa Maria Valley.
• Addresses growing consumer demand for fresh cut vegetables.

Negative

• None.

SALINAS, Calif., Dec. 14, 2021 /PRNewswire/ -- Taylor Farms announces the acquisition of Curation Foods' fresh packaged salads, green beans and fresh cut vegetables business from Landec Corporation (Nasdaq: LNDC), effective December 13^th, 2021. The assets include the Eat Smart® brand and production facilities in Guadalupe, CA and Bowling Green, OH. The addition of Curation Foods' packaged salad and fresh cut vegetables business will help the Taylor Farms Retail Division meet consumers growing demand for chopped salads and fresh cut vegetables.

"This acquisition will enhance our commitment to assured supply for our customers with the addition of a sixth Taylor Farms source based production facility, this one located in the fertile Santa Maria Valley," said Bruce Taylor, Chairman and CEO of Taylor Farms. "We look forward to a smooth transition for associates and customer partners."

Mark Campion, President of Taylor Farms Retail, will have leadership responsibility of the facilities and business integration.

For more information, delicious recipes, and more visit www.taylorfarms.com and follow Taylor Farms on Instagram, Facebook and Twitter.

ABOUT TAYLOR FARMS
Taylor Farms is a leading North American producer of salads and healthy fresh foods with production facilities across the US, Canada, and Mexico. Taylor Farms is grounded in a commitment to quality, assured supply, innovation, sustainability, and food safety. Taylor Farms is family owned and based in "The Salad Bowl of the World" Salinas, California. www.taylorfarms.com

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SOURCE Taylor Farms

FAQ

What is the significance of Taylor Farms acquiring Curation Foods?

The acquisition enhances Taylor Farms' product portfolio and strengthens supply capabilities in response to growing consumer demand.

When did Taylor Farms finalize the acquisition of Curation Foods?

The acquisition was finalized on December 13, 2021.

What brands are included in the Curation Foods acquisition?

The acquisition includes the Eat Smart® brand and associated production facilities.

Where are the new production facilities located after the acquisition?

The new production facilities are located in Guadalupe, CA, and Bowling Green, OH.

Who will oversee the integration of Curation Foods into Taylor Farms?

Mark Campion, President of Taylor Farms Retail, will lead the integration process.