Tyson Foods

Report: Tyson to Buy Keystone Foods for $2.5 Billion

By Food Safety Tech Staff
No Comments
Tyson Foods

The company is said to be purchasing the chicken processor from Brazil-based Marfrig Global Foods.

This morning Reuters is reporting that Tyson Foods is acquiring Keystone Foods, a U.S.-based chicken processor, from Marfrig Global Foods SA for $2.5 billion. Neither Tyson Foods nor the Brazilian meatpacker commented on the report.
According to Reuters, Marfrig’s controlling shareholder Marcos Molina signed the deal Thursday evening.

In June, Tyson acquired organic chicken producer Tecumseh Poultry, LLC, but the terms of this deal were not disclosed.

Related Articles

About The Author

Food Safety Tech

Leave a Reply

Your email address will not be published. Required fields are marked *