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Then known as Shuanghui Group, WH Group purchased Smithfield Foods in 2013 for $4.72 billion. [9] [10] It was the largest Chinese acquisition of an American company to date. [11] The acquisition of Smithfield's 146,000 acres of land made WH Group, headquartered in Luohe, Henan province, one of the largest overseas owners of American farmland. [b]
Eckrich is a prepared meat brand owned by Smithfield Foods, a subsidiary of China's WH Group. [1] Eckrich sells smoked sausages, cold cuts, hot dogs, corn dogs, Vienna sausages, breakfast sausages and bacon under the Eckrich brand name. [2]
It is the largest meat producer in China. [6] [7] In 2021, WH Group ranked 3rd on FBIF's Top 100 Chinese Food & Beverage Companies list. [8] Wan Long is the chairman and chief executive officer of WH Group. [2] Kenneth M. Sullivan, the president and chief executive officer of Smithfield Foods, became an executive director of WH Group in January ...
Earlier this year, the world's largest pork producer, Smithfield Farms , received an appealing buyout offer from a China-based meat processor-- Shuanghui The board agreed to the $7.1 billion ...
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Smithfield Foods Inc. (NYSE: SFD) has agreed to be acquired by China's Shuanghui International Holdings Ltd. for about $7.4 billion, or $34 a ... Activist Investor Objects to Smithfield Chinese ...
The dominant market for U.S. turkey meat is Mexico. It has been purchasing meat valued at nearly $372.6 million and accounting for 55% of turkey exports. The second-largest market for U.S. turkey, purchasing more than $70.5 million of meat, is China. Canada and Hong Kong were other significant markets for U.S. turkey meat. (FAS 2012)
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