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04 September, 2019 -
16 September, 2019 -
The U.S. headquartered meatpacker announced the completion of the acquisition of the Thai and European businesses from Brazil’s BRF, which includes four production facilities in Thailand, one in the Netherlands and another in the UK.
According to Tyson Foods, these businesses build on the Company’s growth strategy to expand offerings of value-added protein in global markets. The meatpacker says that, over the next five years, an estimated 90% of global protein consumption growth will occur outside the U.S., with 60% of the volume growth coming from Asia. The four plants in Thailand produce a wide range of fresh and frozen, value-added raw and fully cooked poultry products, while the processing locations in Europe are said to be supported by in-house innovation capabilities for developing further-processed chicken products for retail and foodservice customers throughout Europe.