Tyson Foods completes acquisition of Keystone Foods

|About: Tyson Foods Inc. (TSN)|By:, SA News Editor

Tyson Foods (NYSE:TSN) has successfully completed the acquisition of Keystone Foods from Marfrig Global Foods for $2.16B, involves eight plants and three innovation centers in China, South Korea, Malaysia, Thailand and Australia that will help meet growing international demand.

“Our biggest growth opportunities are in value-added foods and international markets. Our acquisition of Keystone helps us achieve both,” said Noel White, president and CEO of Tyson Foods. “The addition of Keystone’s  team, industry expertise and international operations strengthens our capabilities. I’m pleased to welcome our newest team members to the Tyson Foods family.”

TSN +1.44% premarket.

Previously: Tyson Foods to acquire Keystone Foods for $2.16B (Aug. 20)

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