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Pilgrim's Pride Acquires UK Pork Processor

$354M transaction allows company to purchase Tulip Ltd. from Danish Crown

Pilgrims logo

Pilgrim’s Pride Corp., the U.S. poultry supplier majority-owned by JBS, has signed a contract to acquire United Kingdom pork producer Tulip Limited from Danish Crown according to a report from Farm Journal's Pork.

The U.S. $354-million transaction was unanimously approved by Pilgrim’s board of directors and funded with cash on hand.

Tulip is the largest pig producer in the UK, with 12 fresh and value-added operations in the UK, selling branded and own-label products to the country's retail chains, as well as supplying the foodservice channel.

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