Find out about merger and acquisition activity in the poultry and animal feed industries in January.
Cargill’s European poultry business has completed the acquisition of Poland’s Konspol. The deal, announced in September 2018 and closed at the end of the year, expands the company’s focus in poultry and providing value-added protein to global consumers.
The company previously owned approximately 32.5 percent of Lansing, and paid cash and stock valued at approximately $324 million for the remaining equity.
The Kraft Heinz Company announced Jan. 4 that it has completed the acquisition of Primal Nutrition, LLC, makers of Primal Kitchen branded products.
Cloverleaf Cold Storage, a leading cold storage warehousing company serving customers across its Midwest and Southeast locations, has entered into an agreement to merge with Zero Mountain Inc., a cold storage warehousing and transportation company serving customers across its Arkansas locations.
BRF is selling its Argentinian pork business, Campo Austral, as part of its plan to divest of all of the company’s assets in Argentina.
Archer Daniels Midland Co. (ADM) said will purchase the remaining 50 percent stake in British grain merchant Gleadell that it doesn’t already own from French farming co-operative InVivo.
Foodmate, an international poultry processing systems supplier, has acquired a controlling interest in Computerway Business Solutions Ltd.