On the Record · Smithfield Foods
Smithfield Foods acquisitions, on the record
The businesses Smithfield Foods bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
product label printing business in Kansas CityWord for word“In 2015, we sold our product label printing business in Kansas City for $1.65 million cash plus contingent consideration, which we valued at $11.9 million , and recognized a gain of $12.0 million in SG&A, reflected in the Packaged Meats segment.” 10-K for 2016 | divestiture | In 2015 | $1.65 million cash plus contingent consideration, which we valued at $11.9 million |
CFG (Alfa)Word for word“Sale of CFG In June 2015, we completed the sale of our entire equity interest in CFG to Alfa for $354.0 million in cash.” 10-K for 2016 | divestiture | June 2015 | $354.0 million |
Kansas City Sausage Company, LLC (KCS) 50% interestWord for word“Acquisition of Kansas City Sausage, LLC In May 2013, we acquired a 50% interest in Kansas City Sausage Company, LLC (KCS), for $36.0 million in cash.” 10-K for 2016 | agreed acquisition | May 2013 | $36.0 million in cash |
meat processing business bought by Kansas City Sausage Company, LLC (KCS)Word for word“In April 2014, Kansas City Sausage Company, LLC (KCS) bought a meat processing business for $11.0 million.” 10-K for 2016 | acquisition | In April 2014 | $11.0 million |
70% interest in American Skin Food Group, LLCWord for word“In October 2012, we paid $23.1 million, net of cash acquired, for a 70% interest in American Skin Food Group, LLC.” 10-K for 2016 | acquisition | In October 2012 | $23.1 million, net of cash acquired |
dry sausage production facility in Nashville, Tennessee from Cargill Meat Solutions CorporationWord for word“Dry Sausage Facility Acquisition.” 10-K for 2024 | acquisition | — | — |
dry sausage production facility located in Nashville, Tennessee from Cargill Meat Solutions CorporationWord for word“On July 30, 2024, we acquired a dry sausage production facility located in Nashville, Tennessee from Cargill Meat Solutions Corporation for $38 million.” 10-K for 2024 | acquisition | On July 30, 2024 | for $38 million |
remaining 15% interest in American Skin Food Group, LLCWord for word“On December 28, 2023, we acquired the remaining 15% interest in American Skin Food Group, LLC for $15 million.” 10-K for 2024 | acquisition | On December 28, 2023 | $15 million |
hog farms in UtahWord for word“In fiscal year 2024, we received $58 million and $32 million for the sale of hog farms in Utah and Missouri, respectively.” 10-K for 2024 | divestiture | fiscal year 2024 | $58 million |
hog farms in MissouriWord for word“In fiscal year 2024, we received $58 million and $32 million for the sale of hog farms in Utah and Missouri, respectively.” 10-K for 2024 | divestiture | fiscal year 2024 | $32 million |
Vernon, California facilityWord for word“In fiscal year 2023, we received $205 million in proceeds for the sale of our Vernon, California facility.” 10-K for 2024 | divestiture | fiscal year 2023 | $205 million |
sale of breeding stock to Murphy Family FarmsWord for word“Fiscal year 2024 includes a $32 million gain on the sale of hog farms in Utah and a $6 million gain on the sale of assets to Murphy Family Farms.” 10-K for 2024 | divestiture | Fiscal year 2024 | $6 million gain |
Monarch joint ventureWord for word“On January 16, 2025, TPG Rise Climate, one of the other two equal joint venture partners in Monarch, delivered a sale notice under the joint venture agreement, pursuant to which Monarch must pursue a sale of the joint venture.” 10-K for 2024 | agreed divestiture | On January 16, 2025 | — |
European operationsWord for word“The historical results of operations, assets and liabilities, and cash flows of the European operations have been condensed and reported as discontinued operations in the consolidated financial statements for all periods presented.” 10-K for 2024 | divestiture | — | — |
Nathan’s Famous Inc.Word for word“On January 20, 2026, we entered into an agreement to acquire all of the issued and outstanding shares of Nathan’s Famous Inc. (“Nathan’s”) for $102.00 per share in cash.” 10-K for 2025 | agreed acquisition | On January 20, 2026 | $102.00 per share in cash |
| Fiscal year ended | Cash received from selling businesses |
|---|---|
| 2023-01-01 | $606 million |
| 2023-12-31 | $13 million |
| 2024-12-29 | $0 |
| 2025-12-28 | $0 |
Deal filings since 2016
- 2026-10-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-01-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-07-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-02-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Smithfield Foods’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2016) and the financial data it files with the SEC, as of 2026-03-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.