Poultry, animal feed mergers and acquisitions for June
Learn the latest news on mergers and acquisitions in the poultry and animal feed industries
Find out about merger and acquisition activity in the poultry and animal feed industries in June.
Marfrig Global Foods has received proposals from five companies with an interest in purchasing its Keystone Foods subsidiary, according to a report.
Canadian meat and poultry company Olymel has announced the acquisition of all assets of Triomphe Foods, an agri-food company with a strong presence in the Quebec market and mass distribution network that is particularly known for its production of a wide range of deli meats and specialty hams.
Palion has acquired the remaining shares from its joint venture partner Bewital.
Maple Leaf Foods has signed a definitive agreement to acquire two poultry plants and associated supply from Cericola Farms, a privately held company.
Royal Agrifirm Group has signed the agreement to acquire Special Nutrients, the Miami-based leading provider of scientifically proven mycotoxin binders.
Conagra Brands, Inc. and Pinnacle Foods Inc. announced June 27 that their boards of directors have unanimously approved a definitive agreement under which Conagra Brands will acquire all outstanding shares of Pinnacle Foods in a cash and stock transaction valued at approximately $10.9 billion, including Pinnacle Foods' outstanding net debt.
ONCE, a supplier of research-based agricultural lighting systems, announced June 18 that it had reached a definitive agreement to acquire Germany-based iLOX, GmbH (iLOX) and its Polish subsidiary iLOX Sp.z.o.o., an innovative lighting developer for agricultural livestock facilities.
Neovia will become the majority shareholder in Hi Nutrients, leading player on the premix market in Nigeria.
Based in Gehren, Germany, CFF GmbH & Co. expands its competence for innovative fiber solutions for food applications, animal nutrition, filtration as well as industrial applications.
Recently, the Giordano group from Italy acquired the majority stake in Twinpack Special Products in The Netherlands.
Olymel has reached an agreement to acquire of all the shares of Pinty's Delicious Foods Inc., an Ontario poultry slaughtering and processing company that specializes in fully cooked products and other related products.
Substantial one-off costs, an unsolicited takeover offer, and protests over a new poultry farm are troubling New Zealand’s top poultry meat producer, Tegel Group.
The Cornucopia Institute, an organic industry watchdog, has released a formal request to the U.S. Department of Justice (DOJ) and Federal Trade Commission (FTC) to scrutinize Tyson Foods’ acquisition of Tecumseh Poultry.
Voeders Algoet sells around 150,000 tons of compound feed to swine and ruminant farmers.
Potential bidders for Keystone Foods are expected to deliver proposals to parent company Marfrig Global Foods by the end of June, according to a report.
Marfrig Global Foods has completed the acquisition of the majority stake of National Beef Packing Company.
Corbion N.V. has completed the acquisition from Bunge Ltd. of Bunge’s stake in the SB Renewable Oils joint venture.
Tyson Foods is set to become one of the nation’s leading producers of organic branded chicken through its acquisition of Tecumseh Poultry LLC.
Tyson Foods has entered into an agreement to sell its Sara Lee Frozen Bakery and Van’s businesses to private equity firm Kohlberg & Company.