HANFORD, CALIF. – Central Valley Meat Company Inc. has reached an agreement to acquire Selma, Calif.-based Harris Ranch Beef Holding Co. and its wholly owned subsidiaries, Harris Feeding Co. and Harris Ranch Beef Co. Financial terms of the transaction were not disclosed.

The two companies will operate independently with both retaining their respective brands. The two beef packers and processors’ combined operations will become the seventh largest in the United States.

“We have known and respected John Harris and Harris Ranch Beef for decades, and I am pleased to have this once-in-a-lifetime opportunity to continue the business’ family-owned legacy and pursue its tremendous potential for growth here in the Central Valley,” said Brian Coelho, president and chief executive officer of Central Valley Meat Holding Co. “While Central Valley Meat Co. and Harris Ranch Beef will continue to operate independently, I expect both businesses and their respective customers to benefit from the companies’ shared knowledge, extensive resources and expanded product offering.”

All other Harris Farms entities are not affected by the transaction, according to the company. Harris Farms’ Hospitality Division, including the Harris Ranch Inn and Restaurant, Farms Division, Horse Division, and River Ranch will remain fully owned by Harris Farms.

“The Central Valley has long served as the home of some of the finest beef sold around the world,” said John Harris, owner of Harris Farms Inc. “Today’s announcement cements a future for two family-owned beef operations to continue to thrive. Brian has a proven track record of growing businesses, and under his leadership Harris Ranch Beef can continue its long and storied legacy.”

Central Valley Meat Co. is a family-owned meat processor that was founded in 1993. Harris Ranch beef was founded in 1937.