date:Jul 28, 2012
McLane chief executive officer Grady Rosier said the acquisition is a part of the company's strategy to expand in food and beverage segments.
MBM chief executive officer Jerry Wordsworth said that the deal will enable the company to serve its global clients and expand the business further.
The acquisition is subject to customary closing conditions.
MBM, a North Carolina-based pork processor , distributes its products to the foodservice and restaurant chains across the US. It operates 35 distribu