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Hortifrut and Alifrut agree to combine their frozen exports business

The two Chilean companies active in the frozen fruit and vegetables market will join forces to become the country’s largest processor and exporter.

M&A Frozen Foods

Pilgrim’s Pride completes purchase of UK’s largest pork producer

Pilgrim’s Pride has completed the acquisition of Tulip Ltd from Danish Crown in a deal valued at GBP290 million (USD354 million).

United Kingdom Danish Crown

Aryzta to sell the majority of its stake in French company Picard

Bakery company Aryzta has received an offer to sell most of its interest in French frozen food firm Picard.

France Operations

French retail giant sells poultry plant to LDC

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.

France M&A

EU Commission approves takeover of Canadian pork producer

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.

Canada EU

Senators ask Treasury Department to probe JBS transactions

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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