Having acquired Smithfield Foods, the Chinese company Shuanghui hopes to gain access to in-depth knowledge about meat processing, in order to meet the growing demand from Chinese consumers for safe food.
By Petra Frans, freelance journalist
Early 2013, the Shuanghui bid to take over Smithfield came as a total surprise. Now the deal has been concluded, it constitutes the largest takeover of a US business by any Chinese company. Shuanghui, China’s largest meat processor, paid US$4.7 billi
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