
Smithfield Closes Cook's Hams Buy
It buys the unit from ConAgra.
Pork producer
Smithfield Foods
(SFD)
said it completed the acquisition of the Cook's ham business of
ConAgra Foods
(CAG) - Get Report
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.
This story was created through a joint venture between TheStreet.com and IRIS.