Sigma, Shuanghui to jointly own Campofrio

Hong Kong-based Shuanghui International and Mexican food manufacturer Sigma Alimentos have agreed to share control of Spanish company Campofrio Food Group, one of the largest meat processors in Europe. Shuanghui had acquired a 37% stake in Campofrio during its acquisition of Smithfield Foods earlier this year and Sigma acquired a nearly 45% stake in the company after a series of purchases in November.

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