Chicken 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
Swedish company Scandi Standard has agreed to acquire Manor Farm, a chicken processor in Ireland, in a share-cum-cash deal. The deal values Manor Farm at an enterprise value of €94m. Under the deal terms, Scandi Standard will offer ...
Tags: Poultry Processor, processor
Mississippi-based poultry processor Sanderson Farms has established a new processing plant and wastewater treatment facility with an investment of $155m in North Carolina. The new 180,000ft2 poultry plant located in St. Pauls will ...
Tags: Sanderson, wastewater treatment
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 ...
Australian agrifood company TasFoods is planning to acquire North West Tasmanian chicken producer Nichols Poultry for A$12.55m ($8.98m). Under the acquisition terms, TasFoods would purchase Nichols' poultry processing facility, 91 ...
Poultry 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
Peco Foods, a US-based poultry processor, plans to establish a poultry plant in northeast Arkansas, with an investment of $165m. As part of the project, the company will develop a poultry processing plant, supporting hatchery and truck ...
Tags: Peco Foods, Poultry Plant
Battelle's unique software modeling program, PRIA, will soon be put to use in Australia to help manage the risk of salmonella and campylobacter outbreaks in poultry. Baiada Poultry is one of Australia's largest poultry companies, ...
Peco Foods, a US-based poultry processor, has outlined plans to construct $120m poultry processing facility in Pocahontas, Randolph County, alongside a $20m hatchery and truck shop. The plant is expected to become operational by January ...
The UK’s largest poultry processor Moy Park has announced a strong recovery in trading performance for last year, with pre-profits up to 24.4M for 2012 for 2012, compared with 4.8M in 2011. Moy Park delivered a strong performance in ...
GE has commissioned its high-performance LEAPmbr membrane bioreactor (MBR) technology at a wastewater treatment plant owned by the Spanish poultry processing company Procavi SL. GE's LEAPmbr technology allowed Procavi to improve water ...
Tags: GE, Wastewater Plant, GE MBR Technology
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 ...
Separate final bids have been placed by the US private equity firms Blackstone and TPG Capital as well as a consortium led by Chinese agribusiness company New Hope to acquire Australia's leading poultry processor Inghams Enterprises. The ...
Tags: Blackstone, TPG Capital, consortium
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
Former Lactalis boss Michel Léonard has been appointed CEO of Groupe Doux, the French poultry processor that went into receivership earlier this month. Léonard, who was Lactalis president for nine years until 2009, takes the ...
Tags: Doux, CEO, receivership