Financial

Silver Fern Farms to close pelt plant

Silver Fern Farms to close pelt plant

By Aidan Fortune

New Zealand sheep meat producer Silver Fern Farms has announced plans to close its pelt processing operation at its Fairton pelt house site following a review.

Two South African ostrich meat companies are set to merge

South African ostrich meat merger approved

By Aidan Fortune

The South African Competition Tribunal has conditionally approved a merger between the country’s largest ostrich processing companies, Klein Karoo International and Mosstrich, subject to several conditions.

BRF makes senior appointment

BRF makes senior appointment

By Aidan Fortune

Brazilian processor BRF has appointed a new chief financial and investors relations officer.

The Strauss family has sold their ethical meat business to a private equity firm

Ethical meat brand Strauss acquired

By Aidan Fortune

Ethically-raised specialty meat producer Strauss has been acquired by private equity firm Insight Equity Holdings.

Polish meat business expands production

Polish meat business expands production

By Jaroslaw Adamowski

Polish poultry meat producer and processor Drobimex managed to expand its production by 12% in the first half of 2019, and plans to increase its capacities in the coming years, according to senior company representatives.

After a period of financial strife, HKScan is getting back on track

HKScan turnaround plan making progress

By Aidan Fortune

Finnish processor HKScan’s finances appear to be getting back on track following a strong quarter for its domestic production facility and the implementation of a cost-saving plan.

Canadian pork business acquired by co-operative

Canadian pork business acquired by co-operative

By Aidan Fortune

Canadian agri-food co-operative La Coop fédérée, has announced the conclusion of an agreement for the acquisition of all pork and milling assets of F. Ménard Ange-Gardien, in Quebec.

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