Smithfield Foods Enters Agreement to Buy Nashville Sausage Facility from Cargill
On Thursday, Smithfield Foods announced it entered into a definitive agreement to buy a dry sausage facility from Cargill in Nashville, Tennessee.
The latest acquisition will expand Smithfield’s growing footprint in the value-added packaged meats segment. The transaction is expected to close by the end of next month. Terms of the agreement were not disclosed.
“This transaction is a testament to our continued focus on growing our packaged meats business by staying ahead of and delivering on our customers’ preferences. Dry sausage is one of our fastest-growing...
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