Smithfield Foods, Inc., a wholly owned subsidiary of WH Group Limited announced the sale of its entire equity interest in Campofrio to Alfa for $354 million in cash. The sale represents approximately 37% of the entire issued share capital of Campofrio.
At present, Smithfield's European operations include businesses in hog production, meat processing and packaged meats in both Poland and Romania. These operations achieved record highs in their financial results in the latest reporting period.
Wednesday june 3, 2015/ Smithfield Foods/ United States.