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.
Danish Crown’s profits declined in the first six months of the 2015-16 financial year due to an “extremely competitive” retail market.
Bosch Packaging Technology has hailed “remarkable” sales growth in a stagnant North American market, where trade increased by nearly a fifth in full-year results for 2015.
Chicken meat exports climbed at MHP in the first quarter of 2016, despite the Ukraine-based agro-industrial grain and poultry producer reporting plummeting pre-tax profits during the period.
Brazilian beef processor JBS SA has announced a restructure of its business that would see the formation of new company JBS International.
Tyson Foods has posted successful second-quarter results, citing product differentiation as the reason behind its growth.
Mixing equipment manufacturer Admix has completed the takeover of its long-standing Danish partner In-Mix Flow for an undisclosed fee.
Finnish meat processor HKScan has posted a drop in operating income for the first quarter of 2016 as price competition, coupled with a pork surplus in Scandinavia, caused a dip...
Finnish meat processor Atria has sold a facility in need of modernisation to pork farmers in Estonia for an undisclosed fee.
Brazilian meat processor BRF has reported a slide in gross profits for the first quarter of 2016 as pressure on poultry prices and the cost of corn hurt its income.
Private equity firm Silverfleet Capital has agreed to the sale of casings supplier Kalle Group to a fund managed by Clayton, Dubilier & Rice (CD&R)
Mexico’s second-largest poultry producer – US-owned Pilgrim’s Pride – has reported a fall in pre-tax profits for the first quarter of 2016 after a “challenging” winter.
Full-year trading figures for Parma Ham show strong export growth for the dry-cured charcuterie favourite. But, predictably, sales in Russia have dropped as the Kremlin embargo heaped pressure on the...
Brazil’s BRF, one of the world’s largest meat processors, has entered into negotiations with frozen food distributor Al Khan Foodstuff (AFK) to acquire full control of the Omani business....
One of China’s most ambitious cattle breeders and genetics companies, Xinjiang Tianshan Animal Husbandry Bio-engineering Co, has blamed a fall in beef and mutton prices for what it predicts is...
Ukraine’s largest pork producer APK-Invest earned UAH65 million ($2.5m) of net profit in 2015, compared with UAH103 million ($4m) of net losses in 2014.
French agriculture minister Stéphane Le Foll’s plan to boost transparency in the meat industry will not halt the decline in France’s agro-food sector, according to meat organisation Culture Viande. ...
Sweden-based poultry processor Scandi Standard has bought a majority stake in Sødams Øko Fjerkræslagteri ApS – which loosely translates in English to Sodams Organic Poultry Slaughterhouse.
Bulgarian poultry processor Gradus has revealed it has invested more than BGN15 million (€8m) to expand and modernise its output capacity.
Meat giant BRF has continued to flex its financial muscle in South America with the acquisition of Brazilian pork producer Globosuínos.
Danish Crown’s vice president Flemming Enevoldsen, who heads up the company’s subsidiary Tulip, has resigned by mutual consent after a number of high-level strategic disagreements over the UK market....
Cargill, one of the world’s largest agricultural traders, has reported its financial results for the third quarter and the first nine months up to 29 February 2016.
Brazilian meat processing giant Marfrig has sold a raft of its Argentinian assets to the red meat Chinese business Black Bamboo Enterprises, a subsidiary of Foresun Group.
Finland’s meat processor Atria has won the approval from the Swedish Competition and Consumer Authority to complete its pending acquisition of poultry firm Lagerberg.
Multinational meat packing business Hilton Food Group has reported strong profit growth for 2015, but analysts have questioned if the business can maintain results against the backdrop of Brexit.
Irish meat giant ABP Food Group has unveiled plans to acquire the assets of Polish beef processor Sklodowscy-Tykocin sp z o o.