May 2017 – Calder Capital, LLC is pleased to announce the acquisition of Peters Farm of Hamilton, MI by Dykhuis Farms, Inc., of Hamilton, MI.
Peters Farm had been in the family for four generations when owners Mike and Julie Peters made the difficult decision to sell their 90+ acre turn-key operation. Noted Mike Peters, “Our (6) children are getting older. It was becoming increasingly difficult to enjoy the kind of family time that we wanted while also keeping up with the farm. It was a difficult decision to say the least, but the time was right to part ways. We are glad that Dykhuis Farms purchased our property. They have an excellent name in the community and are well-suited to invest and utilize the land. Thank you to Bob and Joe Dykhuis for their time and effort.”
The buyer, Dykhuis Farms, Inc., is a growing pork producer and owner of significant acreage in Hamilton, MI. Founded in 1978 by Bob Dykhuis, Dykhuis Farms has grown from a small family business to a sophisticated operation that presently employs 140 personnel. Dykhuis Farms raises corn and soybeans on 3,000 acres of farmland, has 18,000 sows and markets approximately 450,000 pigs per year into the pork market.
Regarding the acquisition, Bob Dykhuis commented, “The acquisition of the Peters Farm was a great strategic fit for our growing family business. The property is adjacent to our headquarters and is well-suited for additional production of corn and soybeans. We are very appreciative of the cooperation of the Peters. They have been great to work with and we look forward to transitioning the land into our operations!”
For more information about Dykhuis Farms, please visit http://www.dykhuisfarms.com/.
Calder Capital, LLC served as the exclusive M&A Advisor to Peters Farm.