Mahi Pono, the farming venture that bought 41,000 acres of former sugar cane land on Maui from Alexander & Baldwin, said Thursday that it is now the majority partner of Maui Cattle Co., a collaborative between five family owned ranches on the Valley Isle, and is also the new owner of Maui Cattle Co.’s slaughterhouse and USDA-certified processing facility.

Terms of the deal were not disclosed, but Mahi Pono said in a news release that Haleakala Ranch, Ulupalakua Ranch, Nobriga Ranch, Kaupo Ranch and Hana Ranch, which operate on about 50,000 acres of land on Maui, will continue to be equity owners of Maui Cattle Co. and said there “will be no immediate changes to operations or employees.”...

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