US-based poultry producer Simmons Prepared Foods has announced an investment of $300m to build a new chicken operation facility in Benton County, Arkansas. Operations at the new chicken processing plant, located between Decatur and ...
Poultry producer Foster Farms has launched a full line of baked, never-fried chicken products throughout the US. Family-friendly and versatile for any meal or snack occasion, Foster Farms' Baked product line features frozen, breaded, ...
Tags: Poultry, Foster Farms, Chicken Products
Brazilian poultry exporter BRF has entered into an agreement to acquire the remaining stake in Oman-based frozen food distributor Al Khan Foodstuff (AKF). Currently, BRF owns 40% stake in AKF and the total acquisition is is estimated ...
Tags: Frozen Food, frozen food products
New Zealand poultry producer Tegel is predicted to soon list on the New Zealand Exchange and the Australian Securities Exchange. Tegel producers both chicken and turkey products and has four major processing facilities located across ...
The European Commission has approved Switzerland-based meat processor Bell Food Group‘s acquisition of Austrian poultry producer Huber Group. The financial terms of the deal have not been disclosed. The acquisition was announced on 16 ...
Tags: European Commission, Bell Food Group, Huber Group, Acquisition
South African food firm RCL Foods will acquire 33.5% stake in poultry producer Hudani Manji Holdings (HMH) in a $4.66m deal as part of an agreement between both the companies. The acquisition will allow the company to make its entry into ...
Tags: RCL Foods, food products, edible products, grain
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
Poultry producer Faccenda Foods has agreed to acquire Cherry Valley Farms’ duck processing business Cherry Valley Foods for an undisclosed amount. The acquisition is the latest in a series of investments made by the company and ...
Concerns about the global economy and political unrest in Canberra are cruelling appetite for takeovers, with some of the nation's top dealmakers tipping companies to remain on the sidelines until economic clouds clear. In a sign of the ...
Brazilian meat producer JBS has agreed to acquire local poultry and pork producer Seara Brasil, which is owned by Marfrig Alimentos, in a deal worth BRL5.85bn ($2.72bn) including the assumption of outstanding debt. As part of the deal, ...
US poultry producer Pilgrim's Pride moved to a profit in 2012 and claimed its "best results in recent years". The company made a profit of US$174m in the 12 months to the end of December. This compares to a net loss of $495.7m last year. ...
Tags: poultry producer, Pilgrim's Pride, profit
Brazilian food company Brasil Foods (BRF) has acquired 33% stake in Avex, Argentina' s leading poultry producer and exporter. Through this deal, the company has also acquired Argentina's Danica group. The transaction is expected to be ...
Tags: Brasil Foods, BRF, Avex, poultry
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
US poultry producer Pilgrim's Pride has reported its third consecutive quarterly profit, with the bottom line boosted by restructuring initiatives. The company said its earnings rose to US$42.9m in the July-to-September quarter, ...
British poultry processors are missing a trick by paying for disposal of chicken feet,which could be exported to China where retailers such as Tesco are struggling to meet demand. So wrote environment secretary Owen Paterson in his online ...
Tags: chicken feet, Owen Patterson, Tesco