May 15, 2018 / 1:31 PM / 2 months ago

Tyson Foods to buy poultry blending assets of American Proteins

May 15 (Reuters) - Tyson Foods Inc said on Tuesday it would buy the poultry rendering and blending assets of American Proteins Inc and AMPRO Products Inc for about $850 million, as the company looks to recycle more animal products to use in feed and pet food.

Tyson, the No. 1 U.S. meat processor, said it expects its new business to generate adjusted net sales of more than $550 million over the next year. (Reporting by Uday Sampath in Bengaluru; Editing by Maju Samuel)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below