HOUSTON – King Ranch, Inc. announced today that it has acquired a 50% stake in Cobalt Cattle, the nation’s fourth-largest cattle feeding operation with six feedyards in Colorado, Kansas and Texas.
“We are excited about this opportunity and what it means for King Ranch’s long-term commitment to the beef industry,” said Robert Hodgen, CEO of King Ranch, Inc. “Cobalt Cattle is a clear leader in the cattle feeding sector with a highly seasoned and experienced management team. We look forward to leveraging our combined industry expertise while upholding our shared commitment to the…
