Tyson Foods buys Keystone Foods

Tyson Foods Inc has successfully completed the acquisition of Keystone Foods from Marfrig Global Foods.

The deal involves eight plants and three innovation centres in China, South Korea, Malaysia, Thailand and Australia that will help meet growing international demand.

Tyson Foods also is gaining an innovation center and six processing plants in the US.

Keystone supplies chicken, beef, fish and pork to some of the world’s leading quick-service restaurant chains, as well as retail and convenience store channels. Its value-added product portfolio includes such items as chicken nuggets, wings and tenders; beef patties; and breaded fish fillets.