M/21/041 – Pilgrim’s Pride/Kerry Foods (Meat and ready meals businesses)
The proposed acquisition by Pilgrim’s Pride Corporation of the meat business and ready meals business of Kerry Foods has been cleared by the Competition and Consumer Protection Commission.
|Notification date||Decision date|
|Tuesday August 3, 2021||Friday, September 10, 2021|
|Parties Involved||Business activities|
|Pilgrim's Pride Corporation||
Pilgrim's Pride Corporation is majority-owned by JBS, a Brazilian multinational meat processing company with more than 150 plants in 15 countries. JBS is primarily active in the State through the following JBS subsidiaries: (i) Moy Park; and (ii) Pilgrim’s UK.
Kerry Group plc is a food manufacturer headquartered in Tralee, Co. Kerry and is quoted on the London and Euronext Dublin stock exchanges.
Kerry Foods refers to Kerry Group plc’s consumer foods division spread across a number of different companies within Kerry, which manufactures a variety of chilled and frozen food products primarily for retail customers in the State and in the UK.
|Economic sector||Media merger|
|Submissions from third parties due by:|
|Phase 1||Phase 2|
|Wednesday, August 18, 2021|
|Current status: Completed|
|Cleared (Phase 1)|
|Authorised Officer Assigned||Contact Details|
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