American merger one step closer

By Georgi Gyton

- Last updated on GMT

Merger looks set to go ahead
Merger looks set to go ahead
The directors of the North American Meat Association (NAMA) have voted in favour of a merger with the American Meat Institute (AMI).

NAMA’s board of directors met last week to speak about the possibility of a merger with AMI, and concluded with the board voting to approve an Agreement and Plan of Merger under which NAMA would merge with AMI, with effect from 1 January 2015.

AMI said it welcomed the news that the directors at NAMA had voted to proceed with the merger. Its members are due to vote on the proposal in April.

Initial discussions on the two associations merging took place in September 2013, with special committees on both side exploring how a new organisation could best serve its members since then.

Tony Gahn, Jr, co-president, NAMA, said: "The NAMA Board feels strongly that the members will be best served by this merger. We’re excited to have this opportunity to form a new industry organisation."

Greg Benedict, chairman of AMI, and chief operating officer and president of American Foods Group, who serves on the merger committee, said: "NAMA’s vote is welcome news. A merger of our two groups is the right decision at the right time and it will serve our industry well. We believe this presents us with an opportunity to create a better, stronger organisation that can speak with a unified voice."

Related topics: Meat

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