Tyson Foods Original Philly Holdings acquired

by Editor fleischwirtschaft.com
Thursday, November 16, 2017
Photo: Original Philly
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Tyson Foods, Inc. has completed the acquisition of Philadelphia-based Original Philly Holdings, Inc., one of the nation’s leading producers of raw and fully-cooked Philly-style sandwich steak and cheesesteak appetizer products.
“Original Philly Holdings is a natural, strategic fit with our Prepared Foods Business,” said Tyson Foods Prepared Foods Group President Sally Grimes. “The Original Philly brand and portfolio of products are highly regarded in the foodservice industry and have a growing list of customer relationships with chain and convenience store operators.”

Original Philly Holdings consists of two business units: Original Philly Cheesesteak Company, which manufactures raw Philly Style sandwich steak products, and Philadelphia Pre-Cooked Steak Company, which manufactures fully-cooked Philly-style sandwich steak products. Its customers include foodservice, retail and convenience store providers. The company, which employs approximately 250 people, operates two plants in Philadelphia, Pa.

Integration teams from Tyson Foods and Original Philly have been formed and the company will remain focused on maintaining high quality customer service during the transition.

Original Philly Cheesesteak Co., originally known as Roxborough Meat Co., was founded in 1981 in a converted garage in Philadelphia’s Roxborough section. The Company started producing portion controlled Philly Style sliced steaks for sale to local and regional foodservice operators. Original Philly experienced 36 years of year-over-year growth as Philly cheesesteaks increasingly became standard global menu fare. In 1991, Philadelphia Pre-Cooked Steak Co. was founded to serve a rapidly growing customer base that was looking for convenient heat-and-serve fully cooked Philly steaks. Original Philly Cheesesteak Co. and Philadelphia Pre-Cooked Steak Co. merged in early 2017 under Original Philly Holdings, Inc.

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