PRESS RELEASE

Warsaw, November 9, 2018

 

Smithfield Foods receives consent of the Polish Antimonopoly Authority for Pini Polonia acquisition

Referring to earlier information, we inform that Smithfield Foods Inc. has received approval of the Polish Antimonopoly Authority /the President of the Office for Competition and Consumers Protection for purchase of remaining shares of Pini Polonia company.

Finalization of transaction will take place within coming weeks.

Acquisition of Pini Polonia will complete Smithfield Poland with a very important link in supply chain, providing fresh meat to Animex Foods processing plants as well as other recipients. It will capitalize existing Animex opportunity to compete in the European market as a world class consumer packaged goods and protein company.

 

Contact for media:

Andrzej Pawelczak, Spokesperson, PR Director, Animex
E-mail: andrzej.pawelczak@animex.pl, mobile: 696 483 071 

About Smithfield Poland: Smithfield Poland operates Polish food companies including Animex Foods, Agri Plus and Agri Plus Feed. Smithfield Poland employs over 9300 employees and works directly with over 2300 Polish pig farmers. Smithfield Poland is owned by Smithfield Foods Inc. which is subsidiary of WH Group.

About Pini: The Pini Group consists of companies across Europe with facilities in Italy, Hungary and Poland. Pini Polonia the subject of the Transaction is the facility located in Kutno Poland.