Introduction

The poultry industry has seen significant growth and consolidation over the last decade, driven by rising global demand for chicken and turkey products, technological advancements, and changing consumer preferences. This report provides an in-depth analysis of the top 10 mergers and acquisitions (M&A) in the poultry sector from 2013 to 2023, highlighting financials, strategic motivations, and market implications.

1. JBS S.A. Acquires Pilgrim’s Pride Corporation (2019)

In 2019, Brazilian meat processing giant JBS S.A. completed its acquisition of Pilgrim’s Pride Corporation, a leading U.S. poultry producer, for approximately $2.8 billion. This acquisition allowed JBS to expand its footprint in the North American market and enhance its poultry production capabilities.

– **Financials**: JBS financed the acquisition through a combination of cash and stock.

– **Volume Impact**: The merger increased JBS’s poultry production capacity by over 25%, positioning it as a top player in the U.S. market.

2. Tyson Foods Acquires AdvancePierre Foods (2017)

In 2017, Tyson Foods, one of the largest poultry producers in the world, acquired AdvancePierre Foods for $4.2 billion. This strategic move aimed to diversify Tyson’s product offerings and strengthen its presence in the value-added protein segment.

– **Financials**: The acquisition was funded through a mix of cash and debt financing.

– **Market Reach**: AdvancePierre’s products complemented Tyson’s existing offerings, allowing for enhanced market penetration and cross-selling opportunities.

3. Sanderson Farms Merges with Wayne Farms (2021)

In a landmark deal in 2021, Sanderson Farms announced its merger with Wayne Farms, bringing together two significant players in the poultry industry. The transaction was valued at approximately $4 billion.

– **Strategic Rationale**: The merger aimed to create operational efficiencies and expand distribution networks.

– **Volume Synergies**: The combined entity projected an annual production capacity of over 5 million birds per week.

4. Perdue Farms Acquires Niman Ranch (2015)

In 2015, Perdue Farms acquired Niman Ranch, a premium organic meat producer, for an undisclosed amount. This acquisition was crucial for Perdue to the increasing consumer demand for organic and sustainably raised poultry.

– **Financial Impact**: Though specific financial details were not disclosed, the acquisition significantly boosted Perdue’s market share in the organic segment.

– **Brand Integration**: Niman Ranch’s brand allowed Perdue to appeal to health-conscious consumers and expand its product line.

5. Pilgrim’s Pride Acquires GNP Company (2018)

In 2018, Pilgrim’s Pride Corporation expanded its market presence by acquiring GNP Company, a Midwest poultry producer, for approximately $350 million.

– **Financials**: The deal was financed through a combination of cash and existing credit facilities.

– **Market Expansion**: This acquisition allowed Pilgrim’s Pride to strengthen its foothold in the Northern U.S. and diversify its product offerings.

6. Mar-Jac Poultry Acquires Bell & Evans (2018)

Mar-Jac Poultry, a significant player in the poultry industry, acquired Bell & Evans, a premium poultry brand, in 2018. The acquisition was valued at around $200 million.

– **Strategic Goals**: This acquisition aimed to enhance Mar-Jac’s capabilities in the organic and free-range poultry markets.

– **Market Positioning**: Bell & Evans’ strong brand recognition allowed Mar-Jac to enter higher-margin segments.

7. O.K. Foods Acquires All Natural Chicken (2019)

In 2019, O.K. Foods acquired All Natural Chicken, a move that bolstered its product range and market reach. The financial details of the acquisition were not publicly disclosed.

– **Strategic Benefits**: The acquisition aimed to enhance O.K. Foods’ ability to provide natural and organic poultry options to consumers.

– **Volume Growth**: O.K. Foods projected a 15% increase in production capacity post-acquisition.

8. Cargill Acquires Sanderson Farms (2022)

In 2022, Cargill announced its acquisition of Sanderson Farms for $4.53 billion. This acquisition was one of the largest in the poultry sector in recent years, aimed at strengthening Cargill’s position in the chicken market.

– **Financials**: Cargill financed the acquisition through internal funds and existing credit facilities.

– **Market Dynamics**: This acquisition created one of the largest poultry suppliers in the U.S., with a combined production exceeding 15 million birds per week.

9. Maple Leaf Foods Acquires Field Roast Grain Meat Co. (2018)

In 2018, Maple Leaf Foods acquired Field Roast Grain Meat Co., a leader in plant-based protein, for approximately $120 million. This strategic acquisition aimed to diversify Maple Leaf’s product offerings in response to changing consumer preferences.

– **Financial Impact**: The acquisition allowed Maple Leaf to tap into the growing market for plant-based alternatives, complementing its poultry portfolio.

– **Market Trends**: This move was in line with the industry trend towards healthier eating and sustainable food production.

10. New Hope Liuhe Acquires Shandong Yisheng Livestock and Poultry (2021)

In 2021, New Hope Liuhe, a major Chinese poultry producer, acquired Shandong Yisheng Livestock and Poultry for approximately $1 billion. This acquisition aimed to enhance production capabilities and meet the growing domestic demand in China.

– **Financials**: The acquisition was a cash transaction, strengthening New Hope Liuhe’s balance sheet.

– **Production Scale**: The merger was expected to increase the production capacity by 30%, positioning New Hope Liuhe as a significant player in the Chinese poultry market.

Conclusion

The poultry industry has experienced substantial consolidation over the past decade, characterized by strategic mergers and acquisitions aimed at enhancing production capabilities, diversifying product offerings, and increasing market share. The top 10 M&A transactions highlighted in this report illustrate the dynamics of the poultry sector and reflect broader trends in consumer preferences and market demands. As the industry continues to evolve, further consolidation is likely, shaping the future landscape of poultry production globally.

[Read More: Global Poultry Industry Report 2025: Trends, Challenges, and Future Outlook Across the Value Chain]