M&A Deal Summary

Smithfield Foods Acquires MF Cattle Feeding

On October 19, 2004, Smithfield Foods acquired agriculture company MF Cattle Feeding from Conagra Brands

Acquisition Highlights
  • This is Smithfield Foods’ 1st transaction in the Agriculture sector.
  • This is Smithfield Foods’ 15th transaction in the United States.
  • This is Smithfield Foods’ 1st transaction in Colorado.

M&A Deal Summary

Date 2004-10-19
Target MF Cattle Feeding
Sector Agriculture
Buyer(s) Smithfield Foods
Sellers(s) Conagra Brands
Deal Type Divestiture

Target

MF Cattle Feeding

Kersey, Colorado, United States
MF Cattle Feeding, Inc. owns and operates cattle feedlots in Colorado and Idaho. The company was incorporated in 1983 and is based in Kersey, Colorado.

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Buyer(S) 1

Buyer

Smithfield Foods

Smithfield, Virginia, United States

Category Company
Founded 1961
Sector Food
Employees47,900
DESCRIPTION

Smithfield Foods, Inc., brings good food to families and friends around the world in a responsible manner. Smithfield produce many popular products like hams, bacon and sausage.


DEAL STATS #
Overall 20 of 29
Sector (Agriculture) 1 of 1
Type (Divestiture) 3 of 7
State (Colorado) 1 of 1
Country (United States) 15 of 19
Year (2004) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-02-09 Norwich Food

Norwich, United Kingdom

Norwich Food Co. Ltd. markets and distributes fruits, vegetables, wines, and poultry products. Norwich was founded in 1993 and is based in Norwich, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-11-03 MORLINY S.A.

Poland

MORLINY S.A. enagges in production and marketing of branded processed meats.

Buy -

Seller(S) 1

SELLER

Conagra Brands

Chicago, Illinois, United States

Category Company
Founded 1919
Sector Food
Employees18,500
Revenue 12.1B USD (2024)
DESCRIPTION
Conagra's office in Omaha, Nebraska.
Conagra's office in Omaha, Nebraska.

Conagra Brands is a packaged food company with branded and private branded food products. In addition to serving consumer households, ConAgra also offers food products to commercial food customers including restaurants and food service companies. Conagra Brands was founded in 1919 and is based in Chicago, Illinois.


DEAL STATS #
Overall 4 of 18
Sector (Agriculture) 1 of 1
Type (Divestiture) 4 of 18
State (Colorado) 1 of 1
Country (United States) 4 of 18
Year (2004) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-01 Casa de Oro Foods

Omaha, Nebraska, United States

Casa de Oro Foods LLC is a manufacturer of flour tortillas for food service customers in the rapidly growing Mexican food segment.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-25 ConAgra Foods - Ham Business

Lincoln, Nebraska, United States

ConAgra Foods - Ham Business is a producer of traditional and spiral sliced smoked bone-in hams, corned beef and other smoked meat items sold to supermarket chains and independent grocers.

Sell -