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Mergers & Acquisitions

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2 Sisters Food Group selling Christmas pudding business

Agreement has been reached with Valeo Foods Group, which will purchase the business
2 Sisters Food Group, the largest poultry company in the United Kingdom, entered into a binding contract for the sale of its Matthew Walker Christmas puddings business to Valeo Foods Group for GBP67 million (US$84.8 million).
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Jamaica Broilers acquires Gentry’s Poultry plant

Acquisition completes Jamaica Broilers’ vertically integrated model in the United States
The Jamaica Broilers Group is continuing its expansion into the United States, as the company reached an agreement to acquire the Gentry’s Poultry Company plant in Ward, South Carolina.
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Tyson Foods to buy stake in Brazil’s Grupo Vibra

Tyson reaches deal to acquire 40% stake in the foods division of the Brazilian poultry company
As part of its global growth strategy, Tyson Foods reached an agreement to invest in the foods division of Grupo Vibra (Vibra Foods), a Brazilian producer and exporter of poultry products.
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Pilgrim’s: ASF not a factor in decision to buy Tulip

‘We believe in the business,’ Pilgrim’s CEO Jayson Penn says
While the African swine fever outbreak has the potential to impact Pilgrim’s Pride, the company’s global CEO said the outbreak was not a consideration when it made the decision to purchase the largest pig producer in the United Kingdom (U.K.).
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CEI Equipment buys feed transportation arm of Warren

Warren Manufacturing designs, produces and services bulk animal feed delivery truck bodies and trailers for the poultry and other end markets
CEI Equipment Co. LLC, a subsidiary of R.C. Tway Co. LLC (dba Kentucky Trailer) and a provider of animal feed transportation equipment, has acquired substantially all of the feed transportation assets of Warren Manufacturing Inc.
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Pilgrim’s Pride to buy Tulip Limited from Danish Crown

Transaction will expand Pilgrim’s geographic footprint and product offerings
Pilgrim’s Pride Corporation has signed a contract to acquire Tulip Limited, a leading, integrated prepared foods supplier with 12 fresh and value-added operations in the United Kingdom (UK), from Danish Crown.
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