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.
Packaging and hygiene solutions provider Sealed Air has entered into a definitive agreement to sell its Diversey Care food hygiene and cleaning businesses from its food care division to private...
Polish meat processor ZM Henryk Kania has reported record sales of PLN1.29 billion (€303 million) for 2016, up 25.3% on last year.
New Zealand has struck a six-month agreement with China to supply top restaurants and retailers with chilled meat, in a deal potentially worth millions of dollars to the economy.
A German business making sealants for the food and drink industry said it plans to increase prices by 15% in April.
Canada’s Finance Minister Bill Morneau has earmarked funds for innovation and food safety investment in his federal Budget, launched on Wednesday 22 March – a move welcomed by the meat sector.
Romanian cattle breeder Karpaten Meat Trading will expand its three beef farms in Sibiu to a total of 6,500 head thanks to rising demand for Angus beef.
Packaging firm Linpac will create jobs and training opportunities after pumping over €7 million into a new production line at its Pontivy factory in France.
Brazil’s JBS has agreed to buy US-based Plumrose USA from Danish Crown in a definitive share purchase agreement, valued at $230m.
Ireland’s Department of Agriculture, Food and the Marine, alongside food board Bord Bía, will spend €3.75m over three years to promote red meat sales in China, Japan and Hong Kong....
China’s ban on breeding birds from France and the US is boosting revenue and profitability at domestic poultry firms.
UK-based food packaging manufacturer Linpac is to invest in what it called "cutting-edge technology" at its factory in Pontivy, France.
Danish Crown has swooped on long-standing UK foodservice business Leivers Brothers, acquiring the Nottingham-based firm for an undisclosed sum.
French chicken producer Duc saw turnover decline last year as the French avian influenza (AI) battle saw the company shut out of key export markets, China and South Africa.
Meat processor Indykpol has secured PLN105 million (€24.5m) to expand the processing capacity of its plant in Olsztyn, in Poland’s north-eastern region.
Net profits soared by 33% at Charoen Pokphand Foods (CPF) in the past full financial year, powered mainly by recovery in Thailand’s shrimp industry and its Thailand terrestrial animal business...
Dawn Farms’ multi-million euro investment in its Meat Science and Innovation lab in Co Kildare, Ireland, will create 150 new jobs over the next five years, the company has claimed.
Meat processor BRF’s fourth-quarter net income fell by over 130% as a combination of political uncertainty and market challenges pushed results into the red.
Maple Leaf Foods’ increased focus on value-added pork products has helped the Canadian processor grow sales in 2016.
Talks to acquire a top Russian meat factory, the Ostankino Meat Processing Plant (OMPP), could be concluded by Thailand's CP Foods arm Charoen Pokphand Foods (overseas) LLC (CP Foods) next month....
Multinational foodservice giant BidCorp has reported a 20% rise in half-year profit less than a year after its spin-off from Bidfood (formerly Bidvest Foodservice).
Poland’s meat processor Gzella Poland sp. z o.o. increased its year-on-year sales by 40% in 2016 with the business eyeing expansion as ABP Food mulls investment in the high-flying firm.
Cured meats producer Gennari Italia has scooped €10 million in a single trade deal through the sale of 100,000 units of Protected Designation of Origin (PDO) Parma ham.
Meat processor Atria has reported a near-30% rise in full-year pre-tax profit as the business, which recently cracked China, continues to expand.
Tyson Foods, one of the world’s largest meat processors, is under federal investigation for allegedly colluding with other meat companies to raise the cost of poultry.
Investment advisor Gordon Brothers has secured a majority equity share in Carolina Pride, throwing its substantial financial muscle behind the family-owned South Carolina packaged meat producer in a strategic partnership.