House of Raeford Farms, Rose Hill, N.C., reached an agreement to purchase the business, operating assets and trademark of Filet of Chicken Acquisition, LLC, Forest Park, Ga., from Flagship Food Group, LLC, Los Angeles, and entered into a long-term supply and joint marketing agreement. The closing is projected to take place no later than June 27.
This action supports the company’s strategy announced last year to expand its cooked chicken product lines in conjunction with an increase in chicken production volumes, according to Bob Johnson, president and CEO of House of Raeford.