Money makes the world go round and the meat industry is no different. Deals are always being brokered and currency fluctuations are a key issue for any global meat trader.
The competition commission in South Africa has given the green light to a proposed merger between Rhodes Food Group and Deemster.
Adelaide-based meat manufacturer Thomas Foods has signed an agreement with Thai processor Charoen Pokphand Group that is expected to result in the construction of a new processing plant in South...
Sales and profits at poultry processing company Sanderson Farms in the US have been hit, as the aftershocks of the bird flu outbreak continue to be felt.
Romania-based companies Agricover and Degaro have unveiled investments totalling €25m with the aim of acquiring new facilities and expanding their existing capacities.
The strong US dollar is contributing to a growth in the country’s imports of beef and a slowdown in its beef export business, according to the US Department of Agriculture...
Following a decision made by the Romanian government to reduce the VAT on meat and processed meat products from the rate of 24% to 9% this year, the country’s retail...
The avian flu virus has cost the US egg and poultry industry nearly $390 million because of a 14% drop in exports during the first half of 2015 compared to 2014.
Brazil’s Marfrig Global Foods, one of the world’s largest beef, lamb, poultry and fish-based food companies, has seen a strong second quarter in 2015, with a free cash flow of...
International frozen foods company Nomad Foods has agreed to buy the European arm of Findus for approximately £500m.
The meat snack market has benefited from a rapidly growing interest in protein content, according to Netherlands-based research firm Innova Market Insights.
Italian-owned pork and poultry meat processor Kometa 99 ZRt. has completed an investment estimated to be worth some 700m Hungarian Forint (HUF) (€2.3m) at its facility in Kaposvár, in Hungary’s...
Slovak prime minister Robert Fico has unveiled plans to reduce the value-added tax (VAT) on fresh meat from the current rate of 20% to 10%.
HKScan, the European meat producer and processor, is planning to construct a new production unit in western Finland, set to open in 2017.
The Jerky Group has merged with biltong brand Cruga to form the largest ambient beef snack manufacturer in Europe.
Tyson Foods, the largest US meat processor, has cut its profit forecast for the year, citing issues in the beef market.
Slovenian poultry firm Perutnina Ptuj has received €40m worth of investment from the Slovenian Steel Group (SIJ) as part of its long-term plan to break into the food industry.
Maple Leaf Foods, the Canadian meat processor, has reported a drop in sales from last year of 1.3% to $820.8 million for its second financial quarter to 30 June, 2015.
The largest integrated meat processor in Russia, Cherkizovo, has reported increased sales in its poultry and meat processing division in the first half of 2014, but a decline in sales...
The opening of the upgraded €50 million food processing facility for ABP Food Group in Cahir, Tipperary, Ireland, should generate more than €1 billion to the Irish economy over five years.
Sausage casings firm Devro's acquisition of 100% of the shares of the Dutch collagen manufacturer PV Industries (PVI) will boost its “presence and authority” in Europe, a top UK food industry analyst...
Seven state beef organisations across the US have been awarded grants to help promote beef to consumers.
The Australian Agricultural Company (AAco) has revealed it will not be bidding for the S. Kidman and Co portfolio.
SugarCreek, the largest independent processor of bacon in the US, is investing $170 million in two new facilities, including what it claims is the nation’s largest sous vide line.
The management of Netherlands-based ingredients firm Vaessen-Schoemaker has acquired the majority holding of the Schoemaker family.
Pork producer and processor Smithfield Romania has acquired a US$60 million (€54m) investment loan to finance expansion plans in the Romanian market.