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Pilgrim’s Pride announced it has executed an acquisition agreement to acquire the meats and meals business of Kerry Consumer Foods in the United Kingdom and Ireland. Following the acquisition, Pilgrim’s will be a leading food company, with a significant value-added protein and integrated prepared foods business anchored by a portfolio of strong brands.
John Soules Foods donated 168,000 pounds of prepared chicken and beef products to the East Texas Food Bank in its hometown of Tyler, Texas, near Dallas, and an additional 37,400 pounds to the Montgomery County Food Bank in Conroe, Texas, near Houston.
Maple Leaf Foods Inc., Canada, signed a definitive agreement to acquire VIAU Foods, a Canada-based producer of premium Italian cooked, dry-cured and charcuterie meats, for $215 million.
Sales of prepared meals turned slightly positive in 2015 after three consecutive years of decline, notching an increase of a little less than 1% on gains for both refrigerated and frozen side dishes, according to an executive summary on prepared meals, produced by Chicago-based Mintel.
Canada-based Maple Leaf Foods closed its Courtland Avenue production facility in Kitchener, Ontario, what is said to be the largest plant in its legacy network.
Maple Leaf Foods provided an update on the completion of its network transition, a strategy that began with the company's primary pork processing operations, and since 2010, has focused on its prepared meats plants and distribution network.
Maple Leaf Foods completed the transfer of production from its facility in Moncton, NB to other facilities in the company's scale prepared meats network.
Canadian food giant Maple Leaf Foods, Toronto, announced significant changes in its prepared meats business to reduce operating costs and increase productivity.
