Insight Equity Holdings LLC announced this month that one of its holdings, Eddy Packing Co. Inc., acquired Carolina Pride Foods LLC.
The announcement did not list a price, but property records indicate the company paid $4.4 million for the plant and surrounding land.
“This acquisition provides the Eddy platform with another strong regional brand and expanded processing capacity,” Eliot Kerlin, senior partner at Insight Equity, said in a released statement. “Additionally, the combination will support Eddy’s goals of becoming one of the nation’s premier protein processing companies.”
Eddy Packing is a meat processing company based in Yoakum, Texas, and distributes its products nationally. Insight Equity, an investment company that is also based in Texas, acquired Eddy Packing earlier this year.