US poultry processor Pilgrim’s Pride has announced that it has completed its acquisition of ConAgra Foods’ chicken division.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


As previously announced, the purchase price is estimated at around US$546.8m, consisting of approximately 25.4 million shares of common stock and $300.8m in cash.


As a result of the acquisition, Pilgrim’s Pride is now the second-largest US chicken firm with pro forma annual net sales of approximately $5bn.


The completed acquisition adds several brands to the company’s portfolio, including Pierce, Country Pride, Easy-Entree and To-Ricos.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now