Source: The Business Journals

Keystone: Tyson Foods buys McDonald's chicken supplier, includes Reidsville plant

Tyson Foods Inc. said Monday that it's buying Keystone Foods, a major chicken supplier to restaurants including McDonald's Corp., for $2.16 billion in cash. The sale includes a processing plant in Reidsville. Arkansas-based Tyson Foods (NYSE: TSN) said it's buying Keystone from Marfrig Global Foods of Brazil. Pennsylvania-based Keystone supplies chicken, beef, fish and pork to some of the world's leading quick-service restaurant chains, including chicken nuggets to Oak Brook, Illinois-based...

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Est. Annual Revenue
$1.0-5.0B
Est. Employees
10-50K
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