Atlas Holdings Completes Acquisition Of Foster Farms

Atlas Holdings ("Atlas") announced today that it has acquired Foster Farms, a family-owned provider of fresh, frozen, and prepared poultry products headquartered in Livingston, California from entities associated with the Foster Family. Founded in 1939 on a small farm, Foster Farms boasts a proud and distinguished history as the leading brand of fresh chicken in the West. With products available nationwide, the company employs approximately 10,000 skilled team members and operates major processing facilities in California, Washington, Louisiana, Oregon, and Alabama. The company, which generates revenues of approximately $3 billion annually, will continue to operate under the Foster Farms name. Terms of the transaction were not disclosed.