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Smithfield buys Cook's ham business from ConAgra

Agriculture.com Staff 04/04/2006 @ 1:05pm

Smithfield Foods, Inc., announced yesterday that it has completed the acquisition of the Cook's ham business from ConAgra Foods, Inc.

The purchase price for the transaction was approximately $260 million. Cook's, based in Lincoln, Nebraska, is a producer of traditional and spiral-sliced smoked bone-in hams, as well as corned beef and other smoked meat items sold to supermarket chains and independent grocers throughout the United States and Canada. Manufacturing facilities are located in Lincoln, plus Grayson, Kentucky, and Kansas City, Missouri. Cook's annual sales are about $330 million.

Smithfield Foods, Inc., announced yesterday that it has completed the acquisition of the Cook's ham business from ConAgra Foods, Inc.

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