Smithfield finalized Pini Group deal
Animex Foods one of the largest food producers in Poland and part of Smithfield Group, will operate the Pini Group companies. Included in the deal are Pini Polska, a meat processing and packaging plant; Hamburger Pini, a case-ready meat plant; and Royal Chicken, an investment project currently in development.
The acquisition solidifies Smithfield position as the largest employer in the Polish food industry with over 9,000 people.
The closing followed approval from the Office of Competition and Consumer Protection (UOKiK) in Poland and completion of due diligence. Terms of the deal were not disclosed.