Merger forming AdvancePierre Foods closes
October 1, 2010
by Bryan Salvage
CINCINNATI – Pierre Foods, Advance Food Company and Advance Brands have officially closed their merger and have formed AdvancePierre Foods. The combined entity totals approximately $1.3 billion in net sales. Bill Toler, Pierre Foods’ current CEO, has been named CEO of the new company while executives from all three companies are on the AdvancePierre Foods management team.
AdvancePierre Foods is a leading supplier of value-added protein and handheld convenience products to the foodservice, school, retail, club, vending and convenience store markets. The company offers a full line of packaged sandwiches, fully-cooked chicken and beef products, Philly-style steak, breaded beef, pork and poultry a well as bakery products.
The new company, based in Cincinnati, also has some divisional leadership based in Oklahoma. It operates protein processing facilities in Oklahoma, Ohio and Iowa, as well as sandwich-assembly facilities in North Carolina, Ohio and South Carolina. The company also operates bakeries in North Carolina and Oklahoma.