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.
Brazilian meatpacker BRF plans to capitalise its new halal subsidiary OneFoods and may look to raise funds via a stock market flotation.
HKScan Finland has boosted its foothold on the beef market through its acquisition of the remaining half of Paimion Teurastamo (Paimio Slaughterhouse) from Wellcapita, based in Turku, Finland.
Hungarian food processing conglomerate Bonafarm is in talks to acquire a stake in local meat processor MCS Vágóhíd Kft.
O’Brien Fine Foods, owner of the Brady Family ham business in Ireland, has announced it is to acquire Faughan Foods.
Finnish meat processor HKScan has lowered its 2016 operating profit forecast for the second time in a matter of months, with at least 35 jobs set to be axed.
UK-based meat processor Hilton Food Group has traded “slightly” above the board of directors’ expectations as trading for the full-year to 1 January 2017 defied economic forecasts.
Danish Crown’s planned takeover of German slaughterhouse Teterower Fleisch will reinforce the company’s global strategy of increasing revenue generated by beef from 10% to 15%.
Danish Crown is set to become one of Germany’s largest beef processors after the pork giant announced a takeover of slaughterhouse Teterower Fleisch for an undisclosed sum.
Brazilian meatpacker BRF SA and Qatar’s sovereign wealth fund have agreed to buy outright the largest poultry producer in Turkey, Banvit, in a joint venture worth $470m.
Smithfield Foods has completed its acquisition of Clougherty Packing LLC in a cash deal worth $145m.
One of Australia’s largest livestock exporters, Wellard Limited, has confirmed it expects a trading loss in the first half of the year after breaching bank covenants.
Thailand’s Charoen Pokphand Foods (CPF) has signed a preliminary deal to acquire a 33% stake in Polish poultry processor SuperDrob SA less than a fortnight after its big money Bellisio...
Thailand’s Charoen Pokphand Foods (CP Foods) has flexed its financial muscles with a $1.075bn takeover of frozen specialist Bellisio Foods and a 33% stake in Poland’s SuperDrob.
Poultry processor Plukon Food Group has continued its European expansion by entering into an agreement to acquire French chicken business Duc Group for an undisclosed sum.
Dutch meat and poultry business Liberty Holdings BV has been acquired by UK company Lamex Food Group for an undisclosed sum.
Dutch meat firm Wegdam Foods has announced the takeover of administration-hit French poultry supplier Tilly Sabco, saving 61 jobs.
European mid-market private equity investor, Equistone Partners Europe, has announced the acquisition of the majority stake in Group of Butchers from Nordian Capital Partners.
Brazil’s giant meat industry could become the world’s top protein exporter next decade, but analysts warn it needs to understand consumer demands are changing.
Indian poultry farmers have slowed the breeding of chicks to lower their costs after demand fell sharply following the central government’s unexpected announcement that large currency notes – valuing 86%...
Ukraine’s poultry industry is set to lose up to UAH150 million ($5.7m) per month due to the EU ban on poultry imports, according to the Ukraine Agribusiness Club (UAB).
Montenegro-based meat processor Novi Monteživ has opened a new processing facility in Nikšić, in the east of the country. The move is in response to increasing demand for high-quality poultry...
Brazilian-owned US poultry giant Pilgrim’s Pride has entered into a definitive agreement to take over branded chicken producer GNP Company (GNP) in an all-cash $350m deal.
Meat and Livestock Australia’s (MLA) plan to use AU$150m from its members to install X-ray carcase grading technology is facing pressure from the Australian Beef Association (ABA).
African meat giant Zambeef has increased operating profit for the second year in a row, reporting a strong rise in trading figures to 30 September 2016.
Demand from Asia sustained Danish Crown’s sales in the face of greater challenges in its UK market in the past year, according to chief executive Jais Valeur.