Hong Kong-based pork supplying giant WH Group said that its subsidiary Smithfield Foods will acquire 100% stake of two Romanian packaged meats manufacturers Elit and Vericom for an undisclosed price. The acquisition will further expand ...
Tags: Smithfield Foods, Packaged Meats
Chinese pork production company WH Group revealed that CDH Investments, one of its major investors, is planning to sell 10.61% stake in the company worth about HK$9.25bn($1.19bn). CDH is planning to offload a total of 1.55 billion shares ...
Tags: WH Group, CDH Investments
When 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
Smithfield Foods, a subsidiary of WH Group, has divested its 37% stake in Campofrio Food Group to Mexican firm Alfa for $354m. Based in Spain, Campofrio offers processed and canned meat, derivatives from pork and beef by-products, and ...
Smithfield Foods, Inc., a wholly owned independent subsidiary of WH Group Limited, reported record 2014 first quarter results. All comparisons are to the first quarter of 2013. Sales for the first quarter of 2014 were $3.4 billion, up 3%. ...
Tags: Smithfield Foods, fresh pork