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Chinese Firm Acquires Smithfield Foods
2013-05-29 15:42:00| National Hog Farmer
Source; Smithfield Foods The largest meat products company in China has agreed to acquire all of the assets of Smithfield Foods, valuing Smithfield at approximately $7.1 billion, the company announced this morning. The definitive merger between Shuanghui International and Smithfield includes the assumption of Smithfield's net debt. Shuanghui International is the majority shareholder of Henan Shuanghui Investment & Development Co., is China's largest meat processing enterprise and China's largest publicly traded meat products company as measured by market capitalization. read more
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Smithfield To Be Acquired by Chinese Meat Processor
2013-05-29 09:00:48| Food Processing
Shuanghui International (Henan Shuanghui Investment & Development Co.) is China's largest meat processor.
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acquired
meat
processor
Smithfield and Shuanghui Announce Pork Merger
2013-05-29 02:00:00| ThePigSite - Industry News
GLOBAL - Shuanghui International and Smithfield Foods have agreed to a strategic combination. The new leading global pork enterprise will have greater access to the large and growing Chinese market and retain world-leading food safety and quality control standards.
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smithfield
Smithfield Removes 50% Hogs off Ractopamine
2013-05-15 17:28:00| National Hog Farmer
Source: Smithfield Foods Speaking at the BMO Capital Markets 2013 Farm to Market Conference Tuesday, Smithfield Foods CEO and President C. Larry Pope confirmed the company’s intent to take half its hogs off the feed additive ractopamine. “We have two of our plants, which represent 43,000 hogs a day, a little over 10% of the industry, that we can ship into China and are shipping into China every day. On June 1, we will convert our third plant, and over 50% of our operations will have no ractopamine as part of their feed rations,” Pope says. read more
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hogs
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ractopamine
Smithfield, W. Lee Flowers to donate 40,000 lbs. to food bank
2013-05-09 14:08:10| Food - Topix.net
FLORENCE, SC Smithfield is celebrating race-weekend and the Smithfield No. 43 race team by donating a 40,000 pounds of protein to Harvest Hope Food Bank, according to a news release.
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