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Sager Creek Acquisition Corp.

Banking & Finance / Legal / Manufacturing

As Factory Closes, Allens Foods Remains in BankruptcyLock Icon

Allens remains in bankruptcy, and its trustee in the Chapter 7 liquidation continues to fight some of the creditors that he accused of scheming to buy the vegetable and food processor out of bankruptcy in order to save themselves millions while leaving most creditors holding an empty bag. read more >
Agriculture & Poultry / Investments / Legal / Manufacturing / Retail

Trustee Charges Collusion in Allens’ Case

The trustee in Allens Inc.’s Chapter 7 liquidation has accused some creditors of scheming to buy the Siloam Springs vegetable and food processor out of bankruptcy in 2014 in order to save themselves millions while leaving most creditors holding an empty bag. read more >
Agriculture & Poultry / Restaurants & Food

Del Monte Foods Buying Sager Creek of Siloam Springs for $75M Cash

The operations and assets of the vegetable company formerly known as Allens Inc. of Siloam Springs are set to change owners once again in a $75 million cash deal. Del Monte Foods Inc. of San Francisco says it has completed its acquisition of the assets of Sager Creek Vegetable Co. read more >
Agriculture & Poultry / Legal

Judge Rules Allens Inc. Must Pay $2M Claim

A U.S. District Bankruptcy Court judge rules that the defunct Allens Inc. of Siloam Springs has to pay a claim totaling $2.25 million to D&E Farms Inc. of Spring Grove, Pennsylvania. read more >
Agriculture & Poultry / Legal / Manufacturing

Lawyers Show Muscle in Allens Bankruptcy Case

As the bankruptcy case of Allens Inc. of Siloam Springs continues to wend its way through the court system, the legal bills are adding up to an amount fairly described as eye-popping. read more >
Agriculture & Poultry / Construction / Energy / Government & Politics / Manufacturing / Transportation

New Allens Inc. Owners Offer Big Plans with Siloam Springs

Siloam Springs officials are trying to figure out how to help Allens Inc. efficiently dispose of wastewater generated by increased production at “Plant 1” outside the city limits. read more >
Legal / Manufacturing / Restaurants & Food

Allens Sale Complete, Chris Kiser Named CEO

The bankruptcy court-approved sale of Allens Inc.'s operations and assets to Sager Creek Acquisition Corp. was completed on Friday, and Chris Kiser was appointed CEO of the company. read more >
Allens Inc.'s bankruptcy could be one of the largest ever for a private business in the state.
Agriculture & Poultry / Investments / Restaurants & Food

Allens’ Auction Ends at $160M

Sager Creek Acquisition Corp. was the high bidder Monday in an auction to buy Allens Inc. of Siloam Springs, according to a source close to the sale. read more >