Here's Smithfield getting their foot in another EU door.........Smithfield also announce the purchase of a 15% shareholding in Campofrio, the largest meat processor in Spain, and the formation of Smithfield Food Ltd in the United Kingdom aimed at the retail food service business.Why did they only buy 15%?Campofrio is Spains largest meat producer.
Campofrio have production plants in Russia, the Dominican Republic, the Philippines and Mexico and production now exceeds 50,000 tonnes annually.
Their new plant at Burgos costing $20 million is now fully operational producing cured products like salami, chorizo and sausage. Continental Fine Foods are Campofrios sole importer in the UK.
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When one looks at Continental Fine Foods........... the word "Continental" takes on a new meaning!
If CFF is the sole importer of Campofrio, then we get PEK (Polish) pork imports; who does PEK belong to now? Smithfields Ltd.
POLISH PRODUCTS- PEK - available from stock
MIN SHELF LIFE CONTENTS1700 Krakowska 14 days 5.44 kg box 1701 Wiejska 14 " 5.44 kg box 1702 Tuchowska 14 " 5.44 kg box 1705 Sopocka 14 " 5.44 kg box 1711 Kabanos----------------The 14 days refers to shelf-life.--------------------------------------------------------------------------------------------------------Poland's two largest meat groups, Morliny and Ostroleka, have been acquired by the Spanish firm Campofrio for Pta1.97bn (ECU487.6m). ........... Campofrio already has a toehold in eastern Europe via a Romanian processing plant and its Russian unit CampoMos.
So the largest Spanish meat producer buys the two largest Polish meat producers, and then Smithfield Ltd UK is born from the gluttonous giant USA Smithfield acquisitions, which owns 15% of the Spanish giants! Greedy or what.Buy local UK produced meat.