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Industry News & Trends / Mergers & Acquisitions
on September 27, 2021

Pilgrim’s Pride’s Kerry acquisition finalized

Transaction furthers Pilgrim’s Pride’s presence in Europe

Pilgrim’s Pride’s acquisition of Kerry Consumer Foods’ Meat and Meals business has been completed, the company announced on September 27.

The transaction was unanimously approved by the Pilgrim’s board of director and was funded with the company’s recent senior notes offering and credit facility, valuing the business at $932…

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