Denmark-based meat processor Danish Crown has announced the closure of its operations in Pinghu, near Shanghai in China. Danish Crown opened the factory in 2019 as part of the company’s expansion into China. However, after a strategic review, it has determined the facility has not met profitability expectations. Commenting on the move, Danish Crown Group CFO Anders Aakær Jensen said: “It is clear to us that the operations in Pinghu …
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Danish Crown
Denmark-based meat processor Danish Crown has announced the investment in a new bacon factory in Rochdale, Greater Manchester, UK. According to the company’s statement, the aim of the new factory is to offer UK customers high quality, traceable pork products that are manufactured in a more sustainable way and to supply bacon to the UK market. The firm will invest over £100 million ($119 million) in the new 30,500 sq. …
Pilgrim’s Pride, the chicken and prepared foods firm, has announced it has acquired Tulip, a leading, integrated prepared foods supplier with 12 fresh and value-added operations in the UK, from Danish Crown, in a deal worth around £290 million ($354 million). In the retail sphere, Tulip markets namesake pork products as well as Danepak, the UK’s leading bacon brand. Commenting on the deal, Pilgrim’s Pride global CEO Jayson Penn said: …
Danish Crown, the Denmark-based meat processor, has announced the acquisition of Dutch meat firm Bacon Specialist Zandbergen via its subsidiary Tulip. Bacon Specialist Zandbergen offers a range of bacon products, primarily for retailers and the foodservice industry, alongside retail products including bacon cubes and rashers under its own Bacon Specialist Zandbergen brand. Founded in 1984, the firm is based in the Amsterdam suburb of Haarlem, where both its production facilities and …
JBS USA, a subsidiary of the Brazilian meat-packer and food processor JBS, has agreed to acquired Plumrose USA, a US based ham and deli meat business, for $230 million from Danish Crown, a leading pork exporter and processor. The agreement includes five prepared food plants located in Indiana, Iowa (2), Mississippi and Vermont, and two distribution centres in Indiana and Mississippi. The new acquisition is described as part of JBS’ …
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