Tyson Foods has announced it has successfully completed its acquisition of a number of processing plants in Thailand and Europe from BRF S.A.
The purchase includes four plants in Thailand and one each in the UK and the Netherlands and marks a key component of the company’s growth strategy to expand offerings of value-added protein in global markets.
Noel White, president and CEO of Tyson Foods, said the acquisition strengthened its capabilities and increased its reach to new markets.
“We’re now strategically aligned to better serve customers in Europe, the Middle Est and Asia, building on our global strategy.”
The four plants in Thailand produce a range of frozen and fresh cuts, value-added raw and fully cooked products, while the processing sites in the Netherlands and the UK are “supported by in-house innovation capabilities for developing further-processed chicken products for retail and foodservice customers across Europe”.
Donnie King, group president of international and chief administration officer for Tyson Foods, added: “We’re working to make the integration of these operations as seamless as possible while maintaining high levels of service to our customers.”