Find out about merger and acquisition activity in the poultry and animal feed industries in June.
Marfrig close to selling Keystone Foods, source says
Marfrig Global Foods has received proposals from five companies with an interest in purchasing its Keystone Foods subsidiary, according to a report.
Olymel acquiring Triomphe Foods
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 acquires remaining shares from Bewital
Palion has acquired the remaining shares from its joint venture partner Bewital.
Maple Leaf Foods to acquire 2 Cericola poultry plants
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 to acquire Special Nutrients
Royal Agrifirm Group has signed the agreement to acquire Special Nutrients, the Miami-based leading provider of scientifically proven mycotoxin binders.
Conagra Brands to acquire Pinnacle Foods for $10.9B
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.
Agricultural lighting company ONCE announces acquisition
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 acquires premix company Hi Nutrients
Neovia will become the majority shareholder in Hi Nutrients, leading player on the premix market in Nigeria.
CFF GmbH & Co. KG acquires International Fiber Europe N.V.
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.
Giordano acquires Twinpack Special Products
Recently, the Giordano group from Italy acquired the majority stake in Twinpack Special Products in The Netherlands.
Olymel to acquire Pinty’s Delicious Foods
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.
Tegel’s directors recommend takeover
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.
Cornucopia Institute seeks scrutiny of Tyson-Tecumseh deal
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.
ForFarmers strengthens position in Belgium by acquiring Voeders Algoet
Voeders Algoet sells around 150,000 tons of compound feed to swine and ruminant farmers.
Marfrig reported to get bids for Keystone Foods in June
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 finishes National Beef acquisition
Marfrig Global Foods has completed the acquisition of the majority stake of National Beef Packing Company.
Corbion acquires algae ingredients business from Bunge
Corbion N.V. has completed the acquisition from Bunge Ltd. of Bunge’s stake in the SB Renewable Oils joint venture.
Tyson Foods acquires Tecumseh Poultry
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 to sell Sara Lee, Van’s to Kohlberg & Company
Tyson Foods has entered into an agreement to sell its Sara Lee Frozen Bakery and Van’s businesses to private equity firm Kohlberg & Company.
