logo
Plus   Neg
Share
Email

Pilgrim's Pride Strengthens European Foods Platform With Acquisition Of Tulip

Pilgrim's Pride Corp. (PPC) has agreed to acquire Tulip Limited from Danish Crown. Tulip provides a wide range of meat products to the retail and foodservice sectors. The company is the country's largest pig producer and operates 12 production facilities throughout the UK. The deal values Tulip at 290 million pounds.

Tulip has nearly 1 billion pounds in annual sales and more than 6,000 team members. Danish Crown will continue to supply Danish pork to Tulip under a long-term supply agreement.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Apple Inc. (AAPL) unveiled a 16-inch MacBook Pro laptop with a larger screen and redesigned keyboard. It is the first major update since the MacBook Pro line was revamped three years ago. The company has moved from a 15-inch screen to a higher-resolution 16-inch screen. Facebook has launched its new payment platform called 'Facebook Pay' in the U.S., joining other tech giants like Google and Apple that have their own payment platforms. The new service will be available across Facebook and its associated apps - Messenger, Instagram and WhatsApp, the social media giant said in a blog post. The payment service supports most major credit and debit cards. Amneal Pharmaceuticals, LLC recalled certain lots of heartburn medication Ranitidine in the form of tablets and syrup for the potential presence of nitrosamine impurity, N-Nitrosodimethylamine, above levels established by the U.S. Food and Drug Administration or FDA. The generic and specialty pharma company is recalling 94 lots of Ranitidine tablets and Syrup.
RELATED NEWS
Follow RTT
>