Financial

Pilgrim’s Pride sees sales growth

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Pilgrim’s Pride sees sales growth

By Aidan Fortune

US processor Pilgrim’s Pride has reported a solid increase in sales for the third quarter of the year, driven by a growth in branded and prepared foods.

BRF to construct poultry plant in Saudi Arabia

BRF to construct poultry plant in Saudi Arabia

By Aidan Fortune

Poultry processor BRF has signed a Memorandum of Understanding with the Saudi Arabian General Investment Authority (SAGIA) to build and operate a plant in the country.

Under the terms of the deal, Danish Crown will continue to supply Danish pork to Tulip Ltd under a long-term supply agreement

Pilgrim’s Pride completes Tulip acquisition

By Rod Addy

Tulip Ltd will operate as a business unit within the Pilgrim’s Pride Corporation, the company announced as it confirmed its acquisition of the UK meat processor from Danish Crown.

KIT and Garra to join forces

KIT and Garra to join forces

By Aidan Fortune

Meat processing businesses KIT International and Garra International are to create a joint venture with a combined turnover in excess of US$220m.

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