HyLife unit closes $14 million sale of assets to Premium Iowa Pork

By Sarah Lizee

Olympia, Wash., June 20 – HyLife Foods subsidiary Tritek International Inc. closed the sale of its assets to Premium Iowa Pork, LLC, according to an order filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

The assets include the debtor’s Windom facility, its furniture, fixtures and equipment, and certain real estate.

The purchase price is $14 million.

The company also closed the sale of feeder pigs and hogs to AgriSwine Alliance, Inc., and two real estate parcels of about 111 acres and a residential duplex to Compeer Financial PCA and Compeer Financial FLCA.

HyLife Foods a pork processor based in La Broquerie, Man. U.S.-based subsidiary Tritek filed Chapter 11 bankruptcy on April 27 under case number 23-10520.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.