Financial

Deal signed for meat industry robotics

Frontmatec acquires 40% of AIRA

By Michelle Perrett

Frontmatec, the company that produces automation systems for the food industry, has entered into an agreement to acquire 40% of the shares in AIRA, (Assessorament Industrial Robotica I Automatitzacio) the supplier of advanced robotic solutions for the...

Kisvárda plant expansion plans

news in brief

Master Good set to expand Kisvárda plant

By Aidan Fortune

Hungarian poultry processor Master Good is to embark on a HUF15 billion (bn) expansion plan for its Kisvárda plant, aided by a Government grant of HUF3.4bn.

Scandi Standard has acquired a majority stake in poultry processor Rokkedahl Foods

Scandi Standard acquires majority stake in Rokkedahl Foods

By Aidan Fortune

European poultry manufacturer Scandi Standard has entered into an agreement to purchase 51% of shares in organic chicken producer Rokkedahl Foods through its Danish subsidiary Danpo for an undisclosed sum.

CPF looks to grow overseas business

Charoen Pokphand Foods to expand overseas business

By Michelle Perrett

Food conglomerate Charoen Pokphand Foods (CPF) has revealed plans to generate more business growth from overseas operations, focusing on increasing capacity in Thailand and foreign bases to serve the export market.

Pork processor to invest $29m

News in brief

Specialty pork processor to expand facility

By Aidan Fortune

US-based pork processor Sioux-Preme Packing has had plans to expand its pork harvest operation in Sioux County approved by the Iowa Economic Development Board.

Bravcod purchases assets of Galli Gallo

Romanian investors purchase insolvent turkey meat producer for €20m

By Aidan Fortune

Romanian business Bravcod has purchased the assets of Galli Gallo, Romania’s largest turkey meat producer which has filed for bankruptcy, in a deal worth €20m. A reorganisation plan approved by company’s creditors will allow Galli Gallo to maintain the...

Hormel to sell its Freemont facility

Hormel Foods to offload pork facility

By Aidan Fortune

US food producer Hormel Foods Corporation has agreed to sell its Freemont, Nebraska pork processing facility to Wholestone Farms.

CPF's second quarter was boosted by overseas sales

Overseas sales help CPF grow in second quarter

By Aidan Fortune

Thailand pork and poultry business Charoen Pokphand Foods PCL (CPF) has benefited from overseas market growth, which contributed to an 8% rise in the company’s overall sales in the second quarter.