Pilgrim’s Pride Corporation (PPC), one of the foremost names globally in the frozen food products segment, has acquired the Meats and Meals business of Kerry Consumer Foods in the United Kingdom and Ireland. Pilgrim's Pride will pay £680 million ($952 million) to snap up the business. The deal is likely to close in the fourth quarter of 2021, subject to certain approvals. The Meats and Meals business of Kerry Consumer Foods has a significant presence in the United Kingdom and Ireland. While Kerry Meats is a prominent manufacturer of private label meats, meat snacks, and food-to-go products, Kerry Meals specializes in ethnic chilled and frozen ready meals.
https://www.tipranks.com/news/pilgrims-pride-buys-meats-and-meals-business-of-kerry-consumer-foods
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