Just weeks after purchasing a majority stake in one of India's largest poultry companies, Tyson Foods Inc., Springdale, Ark., acquired a 60-percent stake in one of China's largest poultry processors.
Citing raw material price increases, prepared meats and entrees processor Pierre Foods Inc. said it voluntarily filed for Chapter 11 bankruptcy relief to restructure debt.
Just days after Sanderson Farms said it will delay plans for a new plant in North Carolina, Foster Farms, Livingston, Calif., said it will no longer build a poultry operation in northeastern Colorado.
Frozen Mexican foods processor Ruiz Foods, Dinuba, Calif., is California's largest Hispanic-owned manufacturing company and ranks third among the nation's top 500 U.S. Hispanic-owned manufacturing companies.
Private equity investor Sun Capital Partners Inc. said it acquired the Placentia, Calif.-based affiliates and subsidiaries of fresh strawberry packer Sunrise Growers and its frozen strawberry processing business, Frozsun Foods.
Orval Kent Food Co. purchased Fresh Creative Foods LLC, a San Diego processor and distributor of ready-to-eat refrigerated gourmet entrees and side dishes.
Brazil's Marfrig Frigorificos e Comercio de Alimentos S.A., Sao Paulo, said it expects by this fall to purchase six Latin American and European food businesses from OSI Group, Aurora, Ill.