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Sanderson Farms Faces Class Action Lawsuit for Allegedly Misleading Investors

Nov 14, 2016

Sanderson Farms, an integrated poultry processing company, has been hit by a class action lawsuit filed in a US district court in New York for allegedly making misleading statements to its investors. Pomerantz, a law firm with presence in ...

Tags: Sanderson, Allegedly Misleading Investors

Atria Secures Finnish Competition Watchdog Approval to Acquire Kaivon Liha

Sep 20, 2016

Meat processor Atria has received approval from the Finnish Competition and Consumer Authority to acquire Kaivon Liha Kaunismaa. In June, Atria announced that it would purchase 70% stake in Kaivon Liha to expand its business in Finland. ...

Tags: Atria, Kaivon Liha, acquisition

Atria to Invest €14m to Improve Lagerberg's Production Operations

Jun 30, 2016

Finnish meat processor Atria has announced that it would invest €14m to improve operations at poultry firm Lagerberg which was recently acquired by it. The company will make investments over the next three years to improve the entire ...

Tags: Lagerberg, chicken rearing

Atria Gets Approval From Competition Authorities for Lagerberg Acquisition

Apr 6, 2016

Finnish meat processor Atria has gained the approval of Swedish Competition and Consumer Authority to complete the €18m acquisition of poultry firm Lagerberg. The competition authorities have approved the transaction without any ...

Tags: Atria, Lagerberg, Acquisition, Consumer Authority, Competition Authorities

Tyson Food Has Cut out Gentamicin From Its Hatcheries

Mar 13, 2015

Arkansas-based poultry producer Tyson Foods Inc. has cut out gentamicin, a key human antibiotic, from its hatcheries. The US' largest chicken producer told Reuters that gentamicin and other similar antibiotics had been removed from its 35 ...

Tags: poultry, Tyson Foods

Allen Harim Is in Talks to Acquire Former Pinnacle Foods Processing Facility in Millsboro

Apr 3, 2013

US-based poultry firm Allen Harim is in talks to acquire former Pinnacle Foods (Vlasic) processing facility in Millsboro, Delaware, US with an investment of about $100m. The 460,000ft2 remodeled facility would employ 700 people and will ...

Tags: Allen Harim, Food, Pinnacle Foods

TPG Capital Has Joined In an Agreement to Acquire Australia's Poultry Processor Inghams

Mar 13, 2013

US private equity firm TPG Capital has entered into an agreement to acquire Australia's leading poultry processor Inghams Enterprises for approximately A$880m ($901m). TPG Capital overcame competition from several other bidders in the ...

Tags: TPG Capital, poultry processor, Inghams Enterprises

JBS Has Entered Into an Agreement to Acquire Local Poultry Processor Agroveneto

Dec 12, 2012

Brazilian beef firm JBS has entered into an agreement to acquire local poultry processor Agroveneto. The deal, announced today (5 November), valued Agroveneto at BRL$128m (US$62.9m), BRL10m of which is payable in JBS shares, the balance ...

Tags: JBS, poultry firm, debt assumption

Cal-Maine Foods Has Struck a Deal to Buy The Commercial Egg Business

Dec 10, 2012

US egg firm Cal-Maine Foods has struck a deal to buy the commercial egg business of poultry firm Pilgrim's Pride. Cal-Maine said today (18 July) the acquisition would include two production complexes that can house 1.4m laying hens. In ...

Tags: egg assets, egg, egg Foods, laying hens

French Poultry Company Doux Has Been Acquired in June 2012

Dec 4, 2012

French poultry firm Doux,which entered into administration in June 2012 putting the livelihood of over 3,400 workers and 800 farmers at risk,has received 11 takeover bids. Bidders included co-operative Terrena,agribusiness firm La ...

Tags: workers, farmers, poultry, jobs

Australian Poultry Firm Inghams Has Been Put up for Sale

Dec 4, 2012

Australia's leading poultry processor Inghams Enterprises has been put up for sale by its only shareholder Bob Ingham,in a deal which is expected to attract food companies as well as private equity firms. Investec Bank has been appointed ...

Tags: poultry processor, private equity firms, competitor, annual sales

Doux Is Looking for Buyers

Dec 4, 2012

French poultry firm Doux,which entered into administration earlier this month,is looking for buyers who would be able to acquire the entire business. Judicial administrator Regis Vaillot said that the administrators wanted to avoid a ...

Tags: poultry, creditors, stake

Two Private Equity Firms to Purchase Australian Poultry Company Inghams

Dec 4, 2012

Two private equity firms,US-based Blackstone and Hong-Kong based Affinity Equity Partners are likely to make a bid for Australia's leading poultry processor Inghams Enterprises. The indicative bids for the business are expected to be ...

Tags: poultry processor, make a bid, ACCC

Barclays May Acquire 70%Stake

Jul 26, 2012

British banking and financial services company Barclays may acquire 70%stake in the French poultry firm Doux,a move that could keep the debt-ridden company afloat and protect nearly 3,400 jobs. Doux,which entered into administration in ...

Tags: acquire, jobs, stake

Terrena Plan to Place a Bid for French Poultry Firm Doux

Jul 4, 2012

Terrena,France's leading food cooperative,is planning to place a bid for French poultry firm Doux,which entered into administration in June 2012. A Terrena spokesperson told just-food.com that the company is seeking to place a bid,but the ...

Tags: place a bid, poultry, stake

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