Find out about merger and acquisition activity in the poultry and feed industry in September 2021.
Pilgrim’s Pride takeover of Kerry completed
The acquisition of the Meat and Meals business of Kerry Consumer Foods by Pilgrim’s Pride is complete, the company announced on September 27.
Cargill and Continental Grain make up Chicken Power
Sanderson Farms Inc., the third largest chicken company in the United States, is likely to merge with Wayne Farms LLC to create the third largest integrated chicken company in the country.
Antitrust authorities approve purchase of BRF shares by Marfrig
Brazil’s antitrust authority, the Administrative Council for Economic Defense (CADE), has approved Marfrig Global Foods’ investment in BRF, the two Brazilian companies announced on their investor relations websites.
Consolidation of the meat sector second banana after blueberries (blog)
Roy Graber: A new Congressman serving on the House of Representatives Agriculture Committee says there is nowhere near enough talk of concentration and consolidation in the meat and poultry industry within the committee.
Committee to consider JBS’s offer to purchase Pilgrim shares
The Pilgrim’s Pride Corporation Board of Directors has established a special committee of independent directors to review and evaluate JBS’s recent proposal to purchase all of the outstanding shares of Pilgrim’s Pride.
AGCO buys Faromatics, a developer of poultry protection robots
AGCO has acquired Faromatics, a precision livestock company that developed the ChickenBoy, the world’s first ceiling-mounted robot for monitoring broiler welfare.
Hauptgenossenschaft Nord AG, Team SE announce merger
The two German companies Hauptgenossenschaft Nord AG and Team SE of the DLG Group will merge to form a single company with a focus on the agricultural industry as well as the heavy construction and energy industries.
Wayne Farms sells 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 announced one month after the announcement of pending plans to merge Wayne Farms with Laurel’s Sanderson Farms.
The competition authority has concerns about the JBS Rivalea deal
The Australian Competition & Consumer Commission (ACCC) has raised concerns about potential issues that could arise if JBS’s proposed acquisition of Rivalea Holdings and Oxdale Dairy Enterprise is completed.
Class action law firm investigates Sanderson deal
The proposed sale of Sanderson Farms is under investigation by Monteverde & Associates, a national securities litigation law firm.
Benson Hill buys soybean crushing facility in Rose Acre
Rose Acre Farms will sell its Seymour, Indiana soybean grinding facility to food technology company Benson Hill, which will use the facility to better meet the growing demand for vegetable protein ingredients.
Gold Creek Foods takes over Foundation Food Group
Gold Creek Foods, a processor of chicken products, has announced its intention to purchase Foundation Food Group.
US broiler industry less concentrated than 15 years ago (blog)
Terrence O’Keefe: Find out how concentrated the US broiler industry is by looking at how the US Department of Justice measures industry concentration.
Fortune International acquires meat processors
Fortune International LLC has completed 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 related assets from IDEAg Group LLC, a subsidiary of the American Farm Bureau Federation.