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FINANCIAL NEWS
Cargill completes Beef Packers acquisition

by Pete Hisey on 4/4/2006 for Meatingplace.com


Cargill Meat Solutions announced that its acquisition of four California meat companies, now doing business as Beef Packers Inc., has been completed.

The company originally announced the acquisition in September 2005. The four companies were Beef Packers, Inc., Fresno Meat Co., RPM Beef Inc. and King-O-Meat Inc. A fifth company, Ore-Cal Transportation, was originally part of the deal, but will be dissolved instead.

J.B. Hunt Transport Services and HR Livestock Transportation will be responsible for the trucking of live animals and chilled beef.
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