Find out about merger and acquisition activity in the poultry and animal feed industries in November.
Tyson Foods completes Keystone Foods acquisition
Tyson Foods has successfully completed the acquisition of Keystone Foods from Marfrig Global Foods, Tyson Foods announced on November 30.
Cargill acquires Colombian poultry company Campollo
Cargill has acquired Colombian-based Campollo, one of the country’s leading producers of chicken and protein products.
Olymel acquisition of Pinty’s Delicious Foods finalized
Canadian poultry and pork company Olymel has closed the transaction for the acquisition of all the shares of Pinty's Delicious Foods, an Ontario poultry slaughtering and processing company that specializes in fully cooked products and other related products.
La Coop fédérée completes acquisition of Cargill assets
La Coop fédérée, an agri-food cooperative with establishments across Canada, has concluded, through its Agri-business Division, its acquisition of the grain and crop input assets of Cargill in Ontario after obtaining the approval of the Competition Bureau.
Proposed Keystone Foods deal gets South Korean approval
Marfrig Global Foods’ proposed sale of its Keystone Foods subsidiary to Tyson Foods has received approval from the antitrust authority of South Korea, paving the way for the transaction to close soon.
Permira funds invest in Asian aquafeed producer Grobest
Global investment firm Permira and Ye Cherng Industrial Products Co. Ltd. (Grobest), one of the largest independent and most advanced producers of aquatic feed in Asia, announced that a company backed by the Permira funds, will acquire 50 percent of the shares of Grobest, through a new joint venture company that will become the sole corporate shareholder of Grobest after closing.
Maple Leaf Foods closes acquisition of VIAU Foods
Maple Leaf Foods Inc. announced Nov. 13 that it has closed the acquisition of VIAU Foods, a Canadian market leader in premium Italian cooked, dry-cured and charcuterie meats, for a purchase price of $215 million, including $30 million in Maple Leaf stock.
Charoen Pokphand chairman to buy Fortune magazine
The executive chairman of Charoen Pokphand Group (CP Group), Chatchaval Jiaravanon has made an offer to be the new owner of Fortune magazine.
ADM looks to buy Argentina soy crusher Molinos Agro
Archer Daniels Midland Co. (ADM) has approached Argentina-based soy crusher Molinos Agro about buying its livestock feed and soy oil manufacturing plant, according to a Reuters report.
Darling Ingredients acquires animal fat processing facility
Darling Ingredients Inc. has acquired the stock of PPH Conto Ltd., a food-grade animal fat processing facility in Lubien Kujawski, Poland.
Evonik acquires big data company Porphyrio
Evonik Industries has completed the acquisition of Porphyrio NV, the KU Leuven spinoff company headquartered in Herent, Belgium.
Bojangles to be acquired by Durational Capital and The Jordan Company
Bojangles’, Inc. announced Nov. 6 that it has entered into a definitive agreement to be acquired by Durational Capital Management LP and The Jordan Company, L.P.
Evonik invests in precision livestock start-up to improve poultry production
Evonik has invested in the startup OPTIfarm Ltd. through its venture capital unit and now holds a minority stake in the company, which is headquartered in Chesterfield (United Kingdom).
