Financial

ZM Henryk Kania eyes investors

Polish meat processor eyes industry, private equity investor

By Jaroslaw Adamowski

Polish meat processor ZM Henryk Kania has announced it is launching the procedure to select an advisor that will support the company in its negotiations with a potential “industry or private equity” investor.

BRF has concluded the sale of its Varzea Grande estate to Marfrig Global Foods

news in brief

BRF completes Várzea Grande deal

By Aidan Fortune

South American producer BRF has announced that its deal to sell its Várzea Grande estate to Marfrig Global Foods has completed.

Cargill's results declined due to changing market conditions

Changing market conditions affect Cargill results

By Ashley Williams

US processor Cargill has blamed the “uncertain environment” surrounding the industry as second-quarter revenues decreased by 4% and first-half earnings fell by 5% ended 30 November 2018.

Cargill's acquisition of Polish business Konspol has been completed

Cargill completes Konspol acquisition

By Aidan Fortune

Cargill’s European poultry business has completed the acquisition of Poland’s Konspol, strengthening its value-added offering.

The deal is expected to be finalised by the end of of this year

MHP close to sealing deal with Perutnina Ptuj

By Ashley Williams

Ukrainian agricultural holding MHP has revealed that it expects to complete its majority stake acquisition of Slovenian meat processor Perutnina Ptuj by the end of this year.

WTO to examine trade battles

Retaliatory duties on USA meat exports challenged at WTO

By Keith Nuthall

The World Trade Organisation (WTO) Disputes Settlement Body (DSB) has agreed to establish disputes settlement panels to rule on whether retaliatory duties imposed by Canada, China, and Mexico on US meat exports, imposed in response to America’s controversial...

Increased exports to the Middle East and North Africa were one of the main factors

Poultry exports continue to soar for MHP

By Ashley Williams

Ukraine poultry giant MHP has revealed that its export sales are continuing to thrive after it represented 62% of its total revenue for the third quarter and 58% for the nine months ended 30 September.