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The two Chilean companies active in the frozen fruit and vegetables market will join forces to become the country’s largest processor and exporter.
Pilgrim’s Pride has completed the acquisition of Tulip Ltd from Danish Crown in a deal valued at GBP290 million (USD354 million).
Bakery company Aryzta has received an offer to sell most of its interest in French frozen food firm Picard.
French poultry group LDC has agreed to buy the Luché Tradition Volailles production plant from the Casino Group, one of France’s largest food retailers.
Thai conglomerate Charoen Pokphand Foods has received approval from the European Commission to buy a majority stake in HyLife – one of Canada’s largest pigmeat producers.
Two US senators have asked Secretary of Treasury Steven Mnuchin to investigate meat processor JBS S.A. for “illicit financial activities” that they alleged were used to buy up US food companies, along with its ties to Venezuela President Nicolás Maduro and a growing concern of foreign investment in the food supply.
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