Information on the target
Armory Securities, LLC is pleased to announce the sale of Mixon Farms, one of the largest blueberry production and packing platforms in the United States, to an agriculture investment fund. The transaction, which closed on April 2, 2026, involved Armory serving as the exclusive advisor to the seller. Mixon Farms operates across approximately 1,800 acres in southeast Georgia and produces over 8 million pounds of blueberries annually. The farm's vertically integrated operations support the processing of up to 250,000 pounds of berries per day, with the majority of production sold into the fresh market.
The transaction encompassed the owned real estate, facilities, equipment, and all other assets of the farm. Operations will continue to be supported by its institutional farm management platform and on-site leadership, led by Donald Mixon, a third-generation farmer. This continuity ensures that the farm's operational excellence and market position are maintained post-transaction.
Industry overview in the target’s specific country
The blueberry industry in the United States has experienced significant growth over the past decade, driven by increasing consumer demand for healthy and convenient snack options. Blueberries are recognized for their health benefits, including high antioxidant content, which has contributed to their popularity among health-conscious consumers. As a result, the U.S. has become one of the largest producers of blueberries globally, with Georgia emerging as a key player in the market.
In Georgia, favorable climate conditions and soil types have made the state an ideal location for blueberry cultivation. The state's agricultural infrastructure supports large-scale production, and the presence of advanced farming techniques has enhanced yield and quality. Additionally, the state's proximity to major distribution channels facilitates efficient delivery to both domestic and international markets.
The market dynamics are further supported by a growing trend towards organic and sustainably sourced produce, which has led to an increase in premium pricing for high-quality blueberries. As consumer preferences continue to evolve, producers like Mixon Farms are well-positioned to capitalize on these trends, ensuring robust growth potential in the coming years.
The rationale behind the deal The sale of Mixon Farms represents a strategic move for the seller, a state pension fund, to divest a non-core asset while capitalizing on the strong market demand for blueberry production. By partnering with a global agriculture investment management fund, the…