Private ownership group to purchase Poultry Products Northeast
The new ownership group’s financial investment will facilitate the construction of the new 105,000-square-foot building in Londonderry, N.H.
Poultry Products Northeast (PPNE), Hooksett, N.H., was acquired in a management-led buyout from its longtime owner Julian Stogniew. The $30 million investment will finance the construction of a modern distribution and processing facility.
Under Stogniew’s leadership, PPNE grew from a local poultry processing company to an independent food distributor.