Swift & Company has completed a definitive agreement to sell its non-fed cattle business, including its Omaha, Nebraska, operating plant and its assets in Nampa, Idaho, to XL Foods Inc., of Alberta, Canada. The closing of the transaction was subject to XL Foods’ completion of due diligence and other customary closing conditions.

Swift’s former non-fed cattle business will now operate as XL Four Star Beef Inc.

With nearly $10 billion in annual sales, Swift & Company is the world’s second-largest processor of fresh beef and pork. XL Foods is part of the Nilsson Bros. Group of companies, which are a diverse agri-business that is involved in all facets of beef and cattle production, marketing and processing. XL operates facilities in Alberta and Saskatchewan that process in excess of 450,000 head per year.