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meat business
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Tyson Foods Invests in Lab-Grown Meat Producer Future Meat Technologies
May 4, 2018Tyson Ventures, the venture capital unit of Tyson Foods, has co-lead a $2.2m seed investment in Future Meat Technologies. Based in Jerusalem, Future Meat Technologies is a food tech company that is engaged in non-GMO production of ...
Tags: Tyson Foods, Meat
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Danish Crown's Sokolow Plans to Buy Poland-Based Gzella Meat
Feb 22, 2018Danish Crown’s Polish meat business Sokolow has revealed its intentions to acquire its rival Gzella Meat Group. Gzella Meat's operations are confined to the northern region of Poland. The deal between the two Polish meat firms ...
Tags: Polish meat, Gzella Meat
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Hilton Foods to Acquire UK Fish Processor Icelandic Group
Oct 24, 2017Hilton Foods has agreed to acquire chilled UK fish processor Icelandic Group UK (Seachill) for cash consideration of £80.8m. The Company also announces its intention to conduct a non-pre-emptive underwritten cash placing to raise ...
Tags: Hilton Foods, Fish Processor
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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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HKScan Has Signed a Deal to Sell Its 50% Stake in Saturn Nordic Holding to Danish Crown
Mar 4, 2014Finland-based HKScan has signed a deal to sell its 50% stake in Saturn Nordic Holding to Danish Crown, which holds the remaining 50% holding in the firm. As per the agreed terms, the company will receive €180m in cash as well as a ...
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Growing Investor Interest in The Australian Processed Food Sector
Jan 9, 2014Growing investor interest in the Australian processed food sector and divestments by large Australian food manufacturers are becoming more frequent. The recent drop in the Australian dollar and export market opportunities may be driving ...
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CRE Is Reportedly Looking at Options for Its Hong Kong Meat Distribution Unit
Oct 10, 2013China Resources Enterprise (CRE), the state-backed supermarket chain, is reportedly looking at options for its Hong Kong meat distribution unit, Ng Fung Hong, including a possible sale. The move comes as the retailer seeks to bid for ...
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Five Thousand Food Jobs in Scotland and Wales Was Safeguarded by OFT 2 Sisters Approval
Jun 20, 2013Five thousand food jobs in Scotland and Wales have been safeguarded after the Office of Fair Trading (OFT) approved the 2 Sisters Food Group’s acquisition of Vion UK’s poultry business. About 5,000 food manufacturing jobs ...
Tags: OFT approval, 2 Sisters, Vion
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OFT Has Approved a Takeover of The Vion UK's Poultry Business by 2 Sisters Food
Jun 20, 2013The UK's Office of Fair Trading (OFT) has approved a takeover of the Vion UK's poultry business by 2 Sisters Food, following an extensive review of the transaction. The OFT fully reviewed the transaction, including the combination of the ...
Tags: Poultry Business, Agriculture
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Vion Has Completed The Sale of Its Red Meat and Poultry Activities to 2 Sisters Food
Apr 4, 2013Dutch food firm Vion has completed the sale of its red meat and poultry activities to UK-based 2 Sisters Food. The sale included 11 processing facilities, including those in Coupar Angus, Cambuslang and Portlethen. The deal is expected ...
Tags: Vion, Red Meat, Poultry Operations
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2 Sisters Food Plan to Acquire Dutch Food Firm Vion's Red Meat
Mar 6, 20132 Sisters Food, a UK-based chicken meat processing company, has entered into an agreement to acquire Dutch food firm Vion's red meat and poultry activities for an undisclosed sum. Under the terms of the deal, 2 Sisters Food will acquire ...
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ABF Forecasts Flat Revenue From Its Grocery Division in The First Half of Its Fiscal Year
Feb 26, 2013Associated British Foods has forecast flat revenue from its grocery division in the first half of its fiscal year amid challenging conditions in bread markets in the UK and Australia. ABF, which owns the Kingsmill bread brand in the UK ...
Tags: ABF, flat revenue, grocery division
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Unite The Union Has Urged Asda to Reinstate Its Contract with Welsh Country Foods
Jan 16, 2013Unite the union has urged Asda to reinstate its contract with Welsh Country Foods (WCF). The plea comes after WCF’s owner Vion UK warned that losing the contract could force the closure of the Anglesey site with the loss of up to 350 ...
Tags: Unite the union, Asda, Welsh Country Foods
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Nearly 350 Jobs Are Under Threat at Vion's Welsh Country Foods' Lamb Processing Facility
Jan 14, 2013Nearly 350 jobs are under threat at Vion's Welsh Country Foods' lamb processing facility on the Island of Anglesey, after the manufacturer warned today (January 11) that it could be forced to close the business. The firm has launched a ...
Tags: Welsh Country Foods, close, Vion, difficult, food
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Cargill Is to Invest US$15.8m in The Expansion of Its Case-Ready Meat Facility in Marshall
Jan 5, 2013US agribusiness giant Cargill is to invest US$15.8m in the expansion of its case-ready meat facility in Marshall, Missouri. The investment will include the addition of a new production line for its value-added food products. The move ...
Tags: Cargill, agribusiness, expansion, investment
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