Image courtesy of Poultry Products Northeast.

Londonderry is in line for a 105,000-square-foot poultry processing plant. 

Poultry Products Northeast was recently acquired in a management-led buyout from its longtime owner, Julian Stogniew. The new owners put a financing package in place exceeding $30 million to recapitalize the company and finance the construction of the Londonderry distribution and processing facility.  

Under Stogniew’s leadership, PPNE grew from a local poultry processing company to one of the region’s largest independent food distributors.  

“This new group of owners share my commitment to our employees and I look forward to watching them lead PPNE to the next step in its evolution,” Stogniew said in a statement. 

The company’s new facility will be developed by Chicago-based private real estate investment firm Brennan Investment Group, one of the largest owners and developers of industrial property in the country.