USA: Tyson Foods acquires AdvancePierre for $4.2 billion
US meat processor Tyson Foods has concluded the acquisition of AdvancePierre for an approximate transaction value of $4.2 billion. With a workforce of 4,500, AdvancePierre makes snacks and ready-to-eat sandwiches, generating revenue of $1.6 billion in 2016. According to Tom Hayes, president and chief executive officer of Tyson Foods, the merger of Tyson and AdvencePierre […]