Find out about merger and acquisition activity in the poultry and animal feed industries in September 2021.
Pilgrim’s Pride’s Kerry acquisition finalized
Pilgrim’s Pride’s acquisition of Kerry Consumer Foods’ Meat and Meals business has been completed, the company announced on September 27.
Cargill and Continental Grain will form chicken power
Sanderson Farms Inc., the third largest chicken company in the United States, will likely be combined with Wayne Farms LLC to create what will be the third-largest integrated chicken company in the country.
Antitrust regulator OKs Marfrig purchase of BRF shares
Brazil’s antitrust regulator, the Administrative Council for Economic Defense (CADE) has approved Marfrig Global Foods investment in BRF, the two Brazil-based companies announced on their investor relations webpages.
Meat sector consolidation second banana to blueberries (blog)
Roy Graber: A freshman congressman serving on the House Agriculture Committee says there is not near enough talk within the committee regarding concentration and consolidation in the meat and poultry industries.
Committee to evaluate JBS offer to buy Pilgrim’s shares
The board of directors of Pilgrim’s Pride Corporation formed a special committee of independent directors to review and evaluate the recent proposal from JBS to purchase all outstanding shares of Pilgrim’s Pride.
AGCO purchases poultry welfare robotics developer Faromatics
AGCO has acquired Faromatics, a precision livestock farming company that created the ChickenBoy, the world’s first ceiling-suspended robot designed to monitor broiler welfare.
Hauptgenossenschaft Nord AG, Team SE announce merger
The DLG Group’s two German companies Hauptgenossenschaft Nord AG and Team SE will join forces to form one unified company focused on the agricultural industry and the heavy building material and energy sector.
Wayne Farms to sell operations in Laurel, Mississippi
Wayne Farms intends to sell its recently upgraded poultry complex in Laurel, Mississippi. The plans to sell the Laurel assets were revealed one month after pending plans for Wayne Farms to merge with Laurel-based Sanderson Farms were announced.
Competition regulator has concerns over JBS-Rivalea deal
The Australian Competition & Consumer Commission (ACCC) has expressed concerns about potential issues that might arise if JBS’ proposed acquisition of Rivalea Holdings and Oxdale Dairy Enterprise is finalized.
Class action law firm investigating Sanderson deal
The proposed sale of Sanderson Farms is being investigated by Monteverde & Associates, a national class action securities litigation law firm.
Benson Hill to buy Rose Acre soybean crush facility
Rose Acre Farms will sell its soybean crushing facility in Seymour, Indiana, to food tech company Benson Hill, which intends to utilize the facility to better meet the growing demand for plant-based protein ingredients.
Gold Creek Foods to acquire Foundation Food Group
Gold Creek Foods, a further processor of chicken products, has announced its intent to purchase Foundation Food Group.
US broiler industry less concentrated than 15 years ago (blog)
Terrence O'Keefe: Find out how concentrated the U.S. broiler industry is by looking at how the U.S. Department of Justice measures industry concentration.
Fortune International acquires Meat Processors
Fortune International LLC announced the acquisition of Meat Processors Inc.
WATT Global Media acquires Feed & Grain magazine, digital brands
WATT Global Media is pleased to announce the acquisition of Feed & Grain magazine and its associated assets from IDEAg Group LLC, an affiliate of the American Farm Bureau Federation.
