Smithfield Foods, Inc., a Smithfield, Va., wholly owned subsidiary of WH Group Ltd. based in Hong Kong, announced the sale of its entire equity interest in Campofrio Food Group, Spain, to Alfa for $354 million in cash.
Processed meats giant Smithfield Foods, Inc., Smithfield, Va., is considering the acquisition of Campofrio Food Group S.A., Madrid, Europe's leading packaged meats company.