4IT:FRA
Smithfield Foods Inc
€18.50
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-2.12%(-0.40) 1D
Sep 4, 10:00:00 PM GMT+2 · EUR
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Open
€18.50
High
€18.50
Low
€18.50
Mkt. cap
1.68B
Avg. vol.
3.00
Volume
0.00
52-wk high
€24.80
52-wk low
€17.70
No. of employees
34K
Open
€18.50
High
€18.50
Low
€18.50
Mkt. cap
1.68B
Avg. vol.
3.00
Volume
0.00
52-wk high
€24.80
52-wk low
€17.70
No. of employees
34K
Profile
Smithfield Foods, Inc., is an American pork producer and food-processing company based in Smithfield, Virginia, and majority owned by Hong Kong based WH Group. Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and pork producer in the world. In addition to owning over 500 farms in the US, Smithfield contracts with another 2,000 independent farms around the country to raise Smithfield's pigs. Outside the US, the company has facilities in Mexico, Poland, Romania, Germany, Slovakia and the United Kingdom. Globally the company employed 50,200 in 2016 and reported an annual revenue of $14 billion. Its 973,000-square-foot meat-processing plant in Tar Heel, North Carolina, was said in 2000 to be the world's largest, slaughtering 32,000 pigs a day.
Then known as Shuanghui Group, WH Group purchased Smithfield Foods in 2013 for $4.72 billion. It was the largest Chinese acquisition of an American company to date. The acquisition of Smithfield's 146,000 acres of land made WH Group, headquartered in Luohe, Henan province, one of the largest overseas owners of American farmland. Wikipedia
About Smithfield Foods Inc
CEOShane Smith
Employees34K
Founded1936
HeadquartersSmithfield, Virginia, United States
SectorFood
Websitesmithfieldfoods.com