Meyer, Coleman in beef merger

LOVELAND — Meyer Natural Angus, with headquarters in Loveland, has agreed to purchase the natural and organic beef business of Golden-based Coleman Natural Foods LLC.

The privately held companies expect to conclude the transaction June 1. Terms were not disclosed.

The addition of Coleman represents a significant expansion of Meyer’s position in a rapidly growing market for premium-quality natural beef. The sale also allows Coleman to focus on continued growth in its natural poultry, pork and prepared foods businesses.

“This agreement is a sign of our strong commitment to the natural beef industry,” Meyer Natural Angus President Al Byers said in a statement…