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Arla Foods to Divest Stake in Brazilian Dairy Producer Vigor
Nov 7, 2017Arla Foods has decided to sell its 8% share in Brazilian dairy company Vigor with immediate effect following a change in ownership of the latter. Brazil’s leading dairy company Vigor S.A. (“Vigor”) has been sold by ...
Tags: Arla Foods, dairy
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Pilgrim's Pride to Buy UK Poultry Processor Moy Park From JBS for $1.3bn
Sep 13, 2017Chicken producer Pilgrim's Pride has agreed to acquire JBS’ British poultry unit Moy Park for $1.3bn to expand its portfolio of prepared foods. By adding Moy Park’s operations in the UK and Continental Europe, Pilgrim's Pride ...
Tags: poultry meat, prepared foods
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Brazilian Court Blocks JBS's Proposed Transaction with Minerva
Jun 26, 2017A Brazilian federal court has blocked meat processing giant JBS’s proposal to divest its beef operations in three South American markets. JBS’ $300m sale of the select South American beef processing operations to rival ...
Tags: meatpacker, Minerva
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JBS to Divest Beef Operations in Argentina, Uruguay and Paraguay
Jun 9, 2017Brazil-based meat processing company JBS has agreed to sell its beef operations in three South American markets to companies controlled by Minerva for $300m. Under the deal, JBS’ beef businesses in Argentina, Uruguay and Paraguay ...
Tags: Beef Operations, Minerva
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JBS USA to Buy Deli-Meat Processor Plumrose USA for $230m
Mar 28, 2017JBS USA has agreed to acquire Plumrose USA, the bacon and deli-meats business of Denmark's Danish Crown, for $230m. The acquisition is in line with JBS' plans to diversify its product portfolio and expansion of prepared foods and branded ...
Tags: deli-meats, bacon
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Jbs Cancels Reorganization Plans After Bndespar Veto
Nov 17, 2016Brazilian meat processor JBS has cancelled its plans to move some of its operations outside the country after a government agency BNDESPar vetoed a proposed reorganization. BNDESPar, Brazil's state development bank BNDES’ investment ...
Tags: meat processor, JBS
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SIG Combibloc's Filling Machine Installed at Vigor's New Dairy Plant in Brazil
Oct 28, 2016Brazilian company Vigor, a unit of JBS Group, has selected SIG Combibloc’s CFA 812 filling machine for its new dairy plant in Barra do Piraí. Commissioned in June 2016, the $40.5m plant can process one million liters of milk ...
Tags: Dairy Plant, filling machine
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Marfrig to Sell Three Meat Packing and Livestock Confinement Units to Foresun for $75m
Apr 11, 2016Brazilian meat packer Marfrig Global Foods has agreed to sell three meat packing and a livestock confinement unit in Argentina to China-based Foresun Group’s subsidiary for $75m. As part of the agreement, Black Bamboo Enterprises ...
Tags: Marfrig, Foresun, Meat Packing
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Vertical Gallium Nitride Schottky Diode Combining High Current/Breakdown
Apr 8, 2016HRL Laboratories LLC in the USA has developed a gallium nitride (GaN) vertical tunneling Schottky barrier diode (TBS) that gives good combined on and off performance, compared with vertical Schottky barrier diodes (SBDs) [Y. Cao et al, ...
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Jack Link's Protein Snacks Acquires Meat Snacks Unit Of Grass Run Farms
Mar 15, 2016Jack Link’s Protein Snacks has acquired meat snacks unit of Grass Run Farms, which produces grass-fed beef snacks and fresh meat products. The deal also includes trademark and distribution rights for Grass Run Farms beef snacks. ...
Tags: Jack Link, Snacks, Grass Run Farms
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Australia's Pork Industry Ripe for Growth
Feb 13, 2016Australia's pig farming and pork industry have experienced some tough conditions over the past five years. On the other hand, strong meat prices have been a feature of the past 12 months as pork has benefitted from higher meat prices ...
Tags: Pork Industry, beef
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Moy Park to Invest pound 10m in Derbyshire Poultry Processing Facility
Nov 26, 2015Poultry processor Moy Park is planning to invest £10m to expand its processing facility and hatchery in Derbyshire. The move is expected to create 100 jobs. The investment will go towards the installation of a new cutting line, ...
Tags: Moy Park, birds, poultry products
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Pork Powerhouses 2015: Expansion Looms
Oct 13, 2015When corn is cheap, hogs get plentiful. The annual Pork Powerhouses ranking of the 25 largest producers in the U.S. shows a gain of 128,000 sows in the past year. With two new packing plants set to open in 2017, producers are gearing up to ...
Tags: corn, Pork, Smithfield Foods
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Brazilian Meat Producer JBS Completes Moy Park Acquisition
Oct 10, 2015Brazilian meat producer JBS has completed the acquisition of European poultry company Moy Park for $1.5bn from Marfrig Global foods, following an approval from the European Union. The deal, which was announced in June, required certain ...
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Rosselkhoznadzo Imposed a Ban on Meat Product From Ten Processing Plants in Brazil
Jun 1, 2015Russian food safety agency Rosselkhoznadzo has imposed a temporary ban on meat product imports from ten processing plants in Brazil. The agency said that the processing plants in Brazil have failed to comply with phytosanitary measures, ...
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