Move strengthens company’s global position to capitalize on protein consumption growth.

June 4, 2019

1 Min Read
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Tyson Foods

Tyson Foods Inc. announced this week that it has successfully completed the acquisition of the Thai and European businesses from BRF S.A. The purchase includes four production facilities in Thailand and one each in the Netherlands and the U.K. These businesses build on Tyson’s growth strategy to expand offerings of value-added protein in global markets.

“The addition of this experienced and talented team, combined with these businesses, strengthens our capabilities and increases our reach to new markets. I’m glad to welcome them to the Tyson Foods family,” Tyson president and chief executive officer Noel White said. “We’re now strategically aligned to better serve customers in Europe, the Middle East and Asia, building on our global strategy.”

It’s estimated that approximately 90% of global protein consumption growth will occur outside the U.S., with 60% of the volume growth coming from Asia over the next five years.

The four plants in Thailand produce a wide range of fresh and frozen, value-added raw and fully cooked poultry products, including highly specialized cuts for retail and foodservice customers throughout Asia and other markets, such as Europe.

The processing locations in the Netherlands and the U.K. are supported by in-house innovation capabilities for developing further-processed chicken products for retail and foodservice customers throughout Europe. Products are sold under the Grabits, Hot ‘N’ Kickin’Chicken, Speedy Pollo and Sadia brands, in addition to key customer-owned brands.

“I’m excited to welcome our newest team members to Tyson Foods,” said Donnie King, group president of international and chief administration officer for Tyson. “We’re working to make the integration of these operations as seamless as possible while maintaining high levels of service to our customers. This is a great team, and I know they’re ready to work together as one company.”

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