Smithfield Foods, Inc. (SFD) announced that it completed the sale of substantially all of the assets of RMH Foods, LLC to a group of investors led by the Rocke family.
At the same time, the company announced that it completed the sale of Maverick Food Co Ltd, its Chinese joint venture, to COFCO Ltd. Maverick Food Co focuses mainly on hot dogs and other sausages, whole and sliced ham, bacon, Chinese style processed meat, and frozen and convenience food.
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