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
2 Sisters Food Group is reportedly negotiating to sell its Fox's Biscuits unit to Burton's Biscuits, which is owned by Ontario Teachers' Pension Plan. The sale, which is being advised by Rothschild could bring the valuation of 2 Sisters ...
Tags: 2 Sisters Food, Biscuits
2 Sisters Food Group plans to invest £150m into its poultry unit, an announcement that comes a few days after the Birmingham-based company stated that it intends to invest £55m into its ready meals business. The investment ...
Tags: Poultry Business, poultry unit
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 ...
Brazil-based meat processor JBS has reported a first-half profit of over BRL285m (US$140.6m), swinging from a loss of BRL34m a year earlier. An expansion of JBS's domestic beef capacity and a move into poultry in its home market ...