Sanderson Farms explores sale

Jun 23, 2021 at 08:22 AM CST
Sanderson Farms has tapped Centerview Partners for advice on the potential sale and has attracted interest from suitors including agricultural investment firm Continental Grain Co., which owns a smaller chicken processor, the people said. The process may not result in a sale. Mississippi-based Sanderson, the third-biggest U.S. chicken producer by processing capacity, had a market value of around $3.5 billion Monday afternoon, and a buyer would be expected to pay a premium to that.

Jun 23, 2021 at 08:22 AM CST

Sanderson Farms has tapped Centerview Partners for advice on the potential sale and has attracted interest from suitors including agricultural investment firm Continental Grain Co., which owns a smaller chicken processor, the people said. The process may not result in a sale. Mississippi-based Sanderson, the third-biggest U.S. chicken producer by processing capacity, had a market value of around $3.5 billion Monday afternoon, and a buyer would be expected to pay a premium to that.