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
NBCUniversal unveiled Peacock, a free premium ad-supported streaming service with subscription tiers offering more than 600 movies and 400 series. Peacock will be available on April 15 for Comcast's Xfinity X1 and Flex customers and on July 15 for the rest of the country. NBC is offering Peacock... The number of Amazon Prime members in the U.S. is growing slowly, but steadily, a recent study has shown. According to the survey by the Consumer Intelligence Research Partners, LLC or CIRP, the number of Amazon Prime members in the U.S. is estimated to have risen to 112 million in December 2019 from just over 100 million in the same period of the prior year. Medical device manufacturer Cardinal Health will soon recall certain Level 3 surgical gowns or PreSource procedural packs that contain these gowns following warning that they may not be sterile, the U.S. Food and Drug Administration said in a statement. The health regulator said it is working with the company to find out the specific product lots that are impacted.
Follow RTT
>