Buying Keystone gives Marfrig access to a supplier to international food and restaurant companies such as McDonald’s Corp. and Campbell Soup Co. Marfrig has sought to expand production through acquisitions in the past three years. Earlier this year, the company acquired O’Kane Poultry Ltd. in Ireland and completed a takeover of Seara Alimentos SA from Cargill.
Keystone Foods produces more than 1.6 billion pounds of poultry products and 388 million pounds of beef products a year and distributes them to 30,000 restaurants in 13 countries. The company was the first organization to mass-produce boneless chicken nuggets.