News and Events
Tyson Foods acquires
fast food supplier Keystone Foods in $2.16bn deal
Tyson Foods has announced that it will acquire Keystone Foods LLC, a US supplier of chicken nuggets to McDonald’s Corp., in a $2.16bn deal.
Under the deal, Tyson — which is the largest US meat supplier by sales — will gain six processing plants and an innovation centre in the US with locations in Alabama, Georgia, Kentucky, North Carolina, Pennsylvania and Wisconsin.
It will also include eight plants and three innovation centres internationally, in China, South Korea, Malaysia, Thailand and Australia.
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In detail on the official website