US Foods has agreed to acquire California-based meat manufacturer FirstClass Foods for an undisclosed price. Headquartered in Hawthorne, FirstClass Foods has about $55m in annual sales. Since 1962, FirstClass Foods has been delivering ...
Tags: US Foods, FirstClass Foods
JBS, a Brazilian meat manufacturer, has completed the acquisition of beef processor Independencia for BRL268m ($142.8m). JBS had announced its intention to acquire Independencia's beef business in April 2012. The company funded the ...
Russia meat producer Cherkizovo has booked an increase in full-year sales volumes in two of its divisions. In the 12 months to the end of December, sales volumes in its poultry unit climbed 23% to around 319,210 tonnes of slaughter ...
Russian meat processor Cherkizovo has reported a jump in first-half earnings as profits from each of its three businesses increased. Net income was up 56% to RUB2.95bn (US$94.4m) for the period to the end of June. Operating income ...
Tags: Meat, meat processor, Net income, meat processing
JBS,a Brazilian meat manufacturer,will take over the Canadian beef producer XL Foods-a plant based in Alberta,Canada,which was at the center of a massive beef recall. According to JBS,the agreement enables the company to purchase the ...