News

Groupe Smithfield and Spain’s Campofrío could merge

25/06/2008

Smithfield Foods, the largest producer of hogs in the US, has announced that its Groupe Smithfield European subsidiary is in merger talks with Spanish processed meat company, Campofrío Alimentación.Smithfield already owns 24% of Campofrío, which would mean it would have a 36% stake in the newly merged company if the deal goes ahead.The company...

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