Smithfield Closes Cook's Hams Buy

Pork producer

Smithfield Foods

(SFD)

said it completed the acquisition of the Cook's ham business of

ConAgra Foods

(CAG)

for about $260 million.

With annual sales of around $330 million, Cook's produces traditional and spiral sliced smoked bone-in hams, corned beef and other smoked meat items sold to supermarket chains and independent grocers throughout the U.S. and Canada.

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