Arkansas-based poultry producer Mountaire Corp. has made plans to purchase competitor Allen Family Foods Inc. in an expansion bid, according to reports.

Advertisement

Mountaire said it would like to expand the processing facilities of its affiliate, Delaware-based Seaford Milling Company, and is looking to acquire Allen Family Foods' inventory, hatcheries, feed mill, breeder operations, rendering operations and production assets. Allen Family Foods has recently filed for Chapter 11 bankruptcy, and any acquisition must go through bankruptcy court, said Mountaire CEO Dave Pogge.