Find out about merger and acquisition activity in the poultry and animal feed industries in November.
Tyson Foods has successfully completed the acquisition of Keystone Foods from Marfrig Global Foods, Tyson Foods announced on November 30.
Cargill has acquired Colombian-based Campollo, one of the country’s leading producers of chicken and protein products.
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, 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.
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.
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 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.
The executive chairman of Charoen Pokphand Group (CP Group), Chatchaval Jiaravanon has made an offer to be the new owner of Fortune magazine.
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 Inc. has acquired the stock of PPH Conto Ltd., a food-grade animal fat processing facility in Lubien Kujawski, Poland.
Evonik Industries has completed the acquisition of Porphyrio NV, the KU Leuven spinoff company headquartered in Herent, Belgium.
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 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).