who owns smithfield
Smithfield Foods is owned by WH Group , a large private meat-processing company based in China that acquired Smithfield in 2013 in a multibillion‑dollar deal.
Who owns Smithfield Foods?
- The parent company of Smithfield Foods is WH Group, a Chinese pork and meat processing giant listed on the Hong Kong Stock Exchange.
- WH Group purchased Smithfield Foods in 2013 for about 4.7 billion dollars in cash, which at the time was described as the largest acquisition of a U.S. company by a Chinese firm.
- Smithfield continues to operate as a U.S.-based company but is ultimately controlled by WH Group as its corporate parent.
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