European Union clears Marfrig's purchase of some OSI assets

Reuters reports that the deal, announced in June, has Marfrig paying OSI $680 million for the assets, which should represent nearly $2 billion in additional annual sales for the processor. The EU ruled that the acquisition would not significantly affect competition due to limited market shares and/or limited horizontal overlaps between the companies’ European activities.

Former Editor In Chief, Independent Processor, and Former Editor, National Provisioner.

Sam Gazdziak has been writing for trade publications since 1997 and joined The National Provisioner in 2004. He helped launch Independent Processor magazine in 2008 as its editor-in-chief.

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The Meat Industry Hall of Fame was created in 2009 to enshrine the leaders and legends whose visions, skills, and dedication have shaped and sustained the meat and poultry industries.

This new annual reception will celebrate the Meat Industry Hall of Fame Class of 2023 inductees in person during the AAMP American Convention of Meat Processors & Suppliers’ Exhibition in Omaha, Nebraska.