World Grain - August 2022 - 11

Cargill-Continental Grain JV
finalize deal for Sanderson Farms
LAUREL, MISSISSIPPI, US - A
joint
venture
between
Continental
Grain Co., New York, New York, US,
and Cargill, Minneapolis, Minnesota,
US, has finalized its acquisition of
poultry processor Sanderson Farms,
Inc. for $4.5 billion. With the closing
of the transaction, Sanderson Farms
has been combined with Wayne
Farms, a subsidiary of Continental
Grain, to form a new privately held
poultry business that is called WayneSanderson
Farms with headquarters in
Oakwood, Georgia, US.
The transaction was first announced
in August 2021 but was delayed in
December 2021 as the US Department
of Justice sought additional information
before clearing the deal.
As previously announced, Clint
Rivers, chief executive officer of
Wayne Farms, will lead the combined
companies as CEO.
" I am honored to lead the new
Wayne-Sanderson Farms, which
brings together a talented team with
complementary operations and cultures
and a strong commitment to employees,
farmers and the communities
where we operate, " Rivers said. " The
new company is ideally positioned to
continue to serve customers and consumers
with high-quality and affordable
products. "
Sanderson Farms had sales of $3.56
billion in fiscal 2020. The company
has 13 processing plants, the capacity
to process more than 1.3 million birds
per week and employs approximately
17,000.
" It has been an incredible privilege
to lead the Sanderson Farms team
over the last 33 years and to continue
my family's legacy by helping to
nourish families across the country, "
said Joe F. Sanderson, chairman and
CEO of Sanderson Farms, Inc.
" I am proud of all we have
achieved together, "
Based in Oakwood, Wayne Farms
had sales of $2.2 billion in 2020, has
11 plants and employs approximately
9,000.
www.World-Grain.com / World Grain / August 2022
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11
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World Grain - August 2022

Table of Contents for the Digital Edition of World Grain - August 2022

World Grain - August 2022 - Intro
World Grain - August 2022 - 1
World Grain - August 2022 - 2
World Grain - August 2022 - 3
World Grain - August 2022 - 4
World Grain - August 2022 - 5
World Grain - August 2022 - 6
World Grain - August 2022 - 7
World Grain - August 2022 - 8
World Grain - August 2022 - 9
World Grain - August 2022 - 10
World Grain - August 2022 - 11
World Grain - August 2022 - 12
World Grain - August 2022 - 13
World Grain - August 2022 - 14
World Grain - August 2022 - 15
World Grain - August 2022 - 16
World Grain - August 2022 - 17
World Grain - August 2022 - 18
World Grain - August 2022 - 19
World Grain - August 2022 - 20
World Grain - August 2022 - 21
World Grain - August 2022 - 22
World Grain - August 2022 - 23
World Grain - August 2022 - 24
World Grain - August 2022 - 25
World Grain - August 2022 - 26
World Grain - August 2022 - 27
World Grain - August 2022 - 28
World Grain - August 2022 - 29
World Grain - August 2022 - 30
World Grain - August 2022 - 31
World Grain - August 2022 - 32
World Grain - August 2022 - 33
World Grain - August 2022 - 34
World Grain - August 2022 - 35
World Grain - August 2022 - 36
World Grain - August 2022 - 37
World Grain - August 2022 - 38
World Grain - August 2022 - 39
World Grain - August 2022 - 40
World Grain - August 2022 - 41
World Grain - August 2022 - 42
World Grain - August 2022 - 43
World Grain - August 2022 - 44
World Grain - August 2022 - 45
World Grain - August 2022 - 46
World Grain - August 2022 - 47
World Grain - August 2022 - 48
World Grain - August 2022 - 49
World Grain - August 2022 - 50
World Grain - August 2022 - 51
World Grain - August 2022 - 52
World Grain - August 2022 - 53
World Grain - August 2022 - 54
World Grain - August 2022 - 55
World Grain - August 2022 - 56
World Grain - August 2022 - 57
World Grain - August 2022 - 58
World Grain - August 2022 - 59
World Grain - August 2022 - 60
World Grain - August 2022 - 61
World Grain - August 2022 - 62
World Grain - August 2022 - 63
World Grain - August 2022 - 64
World Grain - August 2022 - 65
World Grain - August 2022 - 66
World Grain - August 2022 - 67
World Grain - August 2022 - 68
https://digital.world-grain.com/sosland/wg/world-grain-august-2022
https://digital.world-grain.com/sosland/wg/world-grain-july-2022
https://digital.world-grain.com/sosland/wg/world-grain-june-2022
https://digital.world-grain.com/sosland/wg/world-grain-may-2022
https://digital.world-grain.com/sosland/wg/world-grain-april-2022
https://digital.world-grain.com/sosland/wg/world-grain-march-2022
https://digital.world-grain.com/sosland/wg/world-grain-february-2022
https://digital.world-grain.com/sosland/wg/world-grain-january-2022
https://digital.world-grain.com/sosland/wg/world-grain-december-2021
https://digital.world-grain.com/sosland/wg/-world-grain-november-2021
https://digital.world-grain.com/sosland/wg/world-grain-october-2021
https://digital.world-grain.com/sosland/wg/world-grain-september-2021
https://digital.world-grain.com/sosland/wg/world-grain-august-2021
https://digital.world-grain.com/sosland/wg/world-grain-july-2021
https://digital.world-grain.com/sosland/wg/world-grain-june-2021
https://digital.world-grain.com/sosland/wg/world-grain-may-2021
https://digital.world-grain.com/sosland/wg/world-grain-april-2021
https://digital.world-grain.com/sosland/wg/world-grain-march-2021
https://digital.world-grain.com/sosland/wg/world-grain-february-2021
https://digital.world-grain.com/sosland/wg/2021_01_01
https://digital.world-grain.com/sosland/wg/2020_12_01
https://digital.world-grain.com/sosland/wg/2020_11_01
https://digital.world-grain.com/sosland/wg/2020_10_01
https://digital.world-grain.com/sosland/wg/2020_09_01
https://digital.world-grain.com/sosland/wg/2020_08_01
https://digital.world-grain.com/sosland/wg/2020_07_01
https://digital.world-grain.com/sosland/wg/2020_06_01
https://digital.world-grain.com/sosland/wg/2020_05_01
https://digital.world-grain.com/sosland/wg/2020_04_01
https://digital.world-grain.com/sosland/wg/2020_03_01
https://digital.world-grain.com/sosland/wg/2020_02_01
https://digital.world-grain.com/sosland/wg/2020_01_01
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https://www.nxtbook.com/sosland/wg/2015_12_01
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https://www.nxtbook.com/sosland/wg/2015_04_01
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http://digital.world-grain.com/sosland/wg/2015_01_01
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https://www.nxtbook.com/sosland/wg/2013_03_01
https://www.nxtbook.com/sosland/wg/2013_02_01
https://www.nxtbook.com/sosland/wg/2013_01_01
https://www.nxtbook.com/sosland/wg/2012_12_01
https://www.nxtbook.com/sosland/wg/2012_11_01
https://www.nxtbook.com/sosland/wg/2012_10_01
https://www.nxtbook.com/sosland/wg/2012_09_01
https://www.nxtbook.com/sosland/wg/2012_08_01
https://www.nxtbook.com/sosland/wg/2012_07_01
https://www.nxtbook.com/sosland/wg/2012_06_01
https://www.nxtbook.com/sosland/wg/2012_05_01
https://www.nxtbook.com/sosland/wg/2012_04_01
https://www.nxtbook.com/sosland/wg/2012_03_01
https://www.nxtbook.com/sosland/wg/2012_02_01
https://www.nxtbook.com/sosland/wg/2012_01_01
https://www.nxtbook.com/sosland/wg/2011_12_01
https://www.nxtbook.com/sosland/wg/2011_11_01
https://www.nxtbook.com/sosland/wg/2011_10_01
https://www.nxtbook.com/sosland/wg/20111_09_01
https://www.nxtbook.com/sosland/wg/2011_08_01
https://www.nxtbook.com/sosland/wg/2011_07_01
https://www.nxtbook.com/sosland/wg/2011_06_01
https://www.nxtbook.com/sosland/wg/2011_05_01
https://www.nxtbook.com/sosland/wg/2011_04_01
https://www.nxtbook.com/sosland/wg/2011_03_01
http://digital.world-grain.com/sosland/wg/2011_02_01
http://digital.world-grain.com/sosland/wg/2011_02_01
http://digital.world-grain.com/sosland/wg/2011_01_01
http://digital.world-grain.com/sosland/wg/2010_12_01
http://digital.world-grain.com/sosland/wg/2010_11_01
http://digital.world-grain.com/sosland/wg/2010_10_01
http://digital.world-grain.com/sosland/wg/2010_09_01
http://digital.world-grain.com/sosland/wg/2010_08_01
http://digital.world-grain.com/sosland/wg/2010_07_01
http://digital.world-grain.com/sosland/wg/2010_06_01
http://digital.world-grain.com/sosland/wg/2010_05_01
http://digital.world-grain.com/sosland/wg/2010_04_01
http://digital.world-grain.com/sosland/wg/2010_03_01
http://digital.world-grain.com/sosland/wg/2010_02_01
http://digital.world-grain.com/sosland/wg/2010_01_01
http://digital.world-grain.com/sosland/wg/2009_12_01
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