Smithfield Foods Inc., which has agreed to a $4.7 billion bid from Shuanghui International Holdings Ltd., was urged by activist investor Starboard Value LP to consider splitting itself up instead.
Shuanghui International is the majority shareholder of Henan Shuanghui Investment & Development Co., which is China's largest meat processing enterprise.
Westin Foods announced that effective April 1, it has expanded its Health and Wellness division by acquiring a majority interest in Dominex LC, of St. Augustine, Fla.
The combination builds on both companies’ technological strengths to accelerate results for life sciences customers working in proteomics, genomics and cell biology.
Premium Brands Holdings Corp., a leading producer, marketer and distributor of branded specialty food products, announced that it has signed a definitive agreement to purchase Freybe Gourmet Foods Ltd.