Tyson Foods, the US-based meat giant and one of the world’s largest food makers, this week announced two more steps in its strategy to focus on value-added protein, including a US$4.2bn deal to buy US burgers-to-sandwiches supplier AdvancePierre Foods Holdings. Nestle announced plans to cut almost 300 jobs in the UK, provoking the anger of unions. And Switzerland-based dairy business Emmi announced a move to boost its presence in Brazil with the acquisition of a minority stake in local group Laticínios Porto Alegre Indústria e Comércio.

Tyson Foods to buy US convenience food firm AdvancePierre Foods Holdings

Tyson Foods, the US-based meat giant, has moved to buy local convenience food group AdvancePierre Foods Holdings in a deal worth US$4.2bn.

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