Smithfield Polska

Press Release

Smithfield signing “letter of intent” to acquire meat processing facilities of Pini Group

Warsaw, March 28, 2017 – Smithfield Group, controlling Animex Foods, one of the largest food producers in Poland specializing in production of fresh meat, processed meat products and agricultural activity has entered into a non-binding letter of intent to acquire meat processing facilities of Pini Group.
Acquired companies – Pini Polska and Hamburger Pini operate two new state of art facilities with modern equipment and lines for production of high quality processed products.
Acquisition of assets from Pini Group will strengthen Smithfield Group vertically integrated supply chain in Poland. It will also give Animex opportunity to increase its production capacities to satisfy growing demand for its high quality processed meat products from Polish and foreign customers..
Transaction finalization is contingent upon, among other issues, the satisfactory completion of due diligence and receiving approval from UOKIK – Antimonopoly Office.

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About Smithfield Polska; Smithfield Polska controls a group of Polish companies specializing in food production, controlling the entire process “from farm to fork”. It’s owned by Smithfield Foods, Inc. (USA) which is a wholly owned independent subsidiary of WH Group Limited. Smithfield Polska consists of: Animex Foods, Agri Plus and Agri Plus Feed. Smithfield employs in Poland over 9000 employees and work directly in different business partnership relations with over 2300 Polish pig farmers.
About Pini: The Pini Group consist of 7 companies across Europe with facility in Italy , Hungary and Poland. In Poland are located 4 facilities: Pini Polonia cutting plant, Hamburger Pini and Pini Polska – each having meat processing facilityand Royal Chicken – a greenfield investment project being under construction