Financial

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.

ZM Henryk Kania is seeking funding to help relaunch production

ZM Henryk Kania seeks funding to relaunch production

By Jaroslaw Adamowski

Polish meat processor ZM Henryk Kania has announced it is seeking funds of between PLN25m (€5.9m) and PLN50m (€11.8m) with the aim of relaunchig production activities during its restructuring process.

Wellard has sold MV Ocean Swagman to help reduce its debt and improve cashflow

Wellard sells vessel to help reduce debt

By Aidan Fortune

Australian livestock shipping business Wellard Limited has offloaded one of its vessels as part of its restructure plan to reduce debt.

The planned closure of Foyle's Cookstown site has put 82 jobs at risk

Meat plant closure puts 82 jobs at risk

By James Ridler

More than 80 jobs are at risk at a meat processing facility in County Tyrone, Northern Ireland, after the owner announced plans to close the site next month.