Both sides expressed their satisfaction with the transaction. According to the Americans, it will c

China's largest meat processing company - Shuanghui International acquired the biggest producer of pork in the world - the American company Smithfield Foods. Transaction is carried yД±ldД±z til out through the purchase of shares in circulation on Smithfield, with the company becoming an independent subsidiary yД±ldД±z til of the Chinese. Total amounted to nearly 4.7 billion. Dollars.
Both sides expressed their satisfaction with the transaction. According to the Americans, it will cause serious changes in their current way of working in the United States and worldwide. In addition to raising pigs and processing pork, Smithfield is famous for its wide range of sausages, delicatessen, ham, packaged yД±ldД±z til prepared foods. Among the most recognizable brands of the company are Smithfield, Eckrich, Farmland, Armour, Cook's, Gwaltney, John Morrell, Kretschmar, Curly's, Carando, Margherita, and Healthy Ones. Shuanghui deal for you means access to raw materials to meet the rapidly growing consumption of meat in China.
This first-ever large-scale consolidation in the meat processing sector only reinforces forecasts dramatic changes in consumption, production and processing of meat in developing yД±ldД±z til countries over the next decades. For the period 1961 - 2007 г. meat consumption worldwide has increased by 300 percent to 284 million. Tons. Estimates are that by 2050 consumption will double again, putting serious challenges from economic, environmental and social to all countries in the world.