Tuesday, May 16, 2023
HomeMeatSTX Beef Co. buys Missouri Prime Beef Packers

STX Beef Co. buys Missouri Prime Beef Packers


STX Beef Firm LLC (STX) introduced Might 16 the acquisition of Missouri Prime Beef Packers. STX will take over operatorship instantly.

Missouri Prime Beef Packers is positioned roughly 20 miles north of Springfield, Mo., in Nice Hope. The plant, which sits on 256 acres, at the moment processes roughly 750 head of cattle per day in its 88,000 sq. foot facility.

“STX prides itself on taking good care of our prospects whereas providing personalized options, and growing long-lasting industrial relationships,” mentioned Terry Maul, chief govt officer of STX Beef Firm. “Missouri is house to a thriving beef trade, and we shall be targeted on delivering dependable service and reliable merchandise to our prospects.”

STX Beef Firm is a portfolio firm of JDH Capital and is positioned in Corpus Christi. It at the moment operates a 250,000 sq. foot facility that processes over 1,000 head of cattle per day. STX presents a complete product line, together with a constant provide of boxed beef throughout USDA Prime, Alternative, Choose, floor beef and export merchandise.

JDH Capital is a non-public funding agency based mostly in Houston, Texas. JDH Capital engages in a variety of funding actions together with personal fairness and structured debt throughout a number of industries. It has partnered with quite a few portfolio firms to offer progress capital or help with particular conditions.

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