Tyson's Shopping Spree In Brazil, China

摘要

Tyson Foods took three Brazilian poultry factories under its wing in recent months,rnmaking more progress on its goal of expanding in emerging markets.rnIn September, the Springdale, Ark.-based animal protein company acquired Macedo Agroindustrial and Avicola Itaiopolis, both in the state of Santa Catarina, and a 70 percent stake in Frangobras in the state of Parana. Tyson said the companies are located near important ports and within key Brazilian production areas for soy and corn, key components of animal feed.rnJust a week earlier, the company bought a 60 percent stake in Shandong Xinchang Group, with estimated 2009 sales of US $345 million. The acquisition is a vertically integrared poultry operation including a new poultry processing complex on the east coast of the Shandong Province. The name of the venture will be Shandong Tyson Xinchang Foods Company Ltd. It will be Tyson's third investment in Chinese poultry producers.