Sara Lee is said to be mulling breaking up its meat and coffee business after coming under pressure to boost its share price.

The company’s board is reportedly weighing splitting up the business and selling off the pieces, according to published reports yesterday. A break-up could make it easier for Sara Lee to sell itself.

The news comes as Sara Lee searches for a CEO to replace Brenda Barnes, who stepped down due to health reasons. However, the company is having trouble attracting external candidates amid reports that it is in sale talks.

Last month, Brazilian beef producer JBS reportedly made an offer to buy all of Sara Lee, whose brands include Jimmy Dean sausage and Hillshire Farms lunchmeat.

Other potential bidders could be circling the company as well. As The Post first reported, KKR made an offer for Sara Lee and met with its management team last year before talks fell apart.

A banker close to the situation said yesterday three private-equity firms were partnering to make an offer for the coffee and meat business, although its unclear whether the group is serious about making a bid.

Meanwhile, Sara Lee has agreed to sell off another piece of its business. Last month, it announced that SC Johnson had made a binding offer of $245 million for its relatively small shoe-care division.

Shares closed at $17.46, near a 52-week high, giving it an $11.2 billion market capitalization.

Sara Lee did not return calls.