MADRID – The shareholders meetings of Campofrío Alimentación SA and Groupe Smithfield Holdings SL recently approved a merger between the companies, creating one of the largest processed meat companies in Europe.
Once the process is finalized, the shareholders of the company, which will be called Campofrío Food Group, will include Smithfield Foods, Oaktree Capital, Pedro and Fernando Ballvé, Díaz Family, Caja Burgos and QMC.