Smithfield Foods Inc. announced two acquisitions that continue to strategically align the company for growth in Europe. The company paid $83 million to acquire meat processors in Poland and Romania.
Smithfield's Animex Group, the largest meat processor in Poland, purchased Morliny S.A., which has sales of over $100 million. The companies produce the two best-recognized brands in Poland -- Krakus and Morliny. The Animex Group now consists of eight meat companies, including four red meat plants and four poultry plants.