Find out about merger and acquisition activity in the poultry, feed and pig industries in November.
The European Commission has approved the creation of a joint venture by Cargill and Faccenda Foods. Under the proposed joint venture, Cargill’s fresh chicken business in the U.K. would be combined with Faccenda’s fresh chicken, turkey and duck business.
Arby’s Restaurant Group is planning to acquire Buffalo Wild Wings for a price of about $2.9 billion, including Buffalo Wild Wings’ debt.
George’s Inc., a leading producer of poultry products, is diversifying with the acquisition of Campos Foods, LLC. The company acquired the company from Oklahoma City-based Lopez Foods, Inc.
Canadian meat and poultry company Olymel has redeveloped its Orenda poultry further processing plant in Brampton, Ontario, and has acquired an additional plant, also in Brampton.
Phosphea, formerly called TIMAB Phosphates, has acquired Elixir’s feed phosphate activity in Serbia.
Tyson Foods has completed the acquisition of Philadelphia-based Original Philly Holdings, Inc., one of the nation’s leading producers of raw and fully-cooked Philly-style sandwich steak and cheesesteak appetizer products.
AURELIUS Equity Opportunities SE & Co. KGaA has acquired Cargill’s animal nutrition business in Switzerland.