Portuguese food producer Manuel Inacio & Filhos has acquired the Sapropor pork unit of US food company ConAgra Foods for an undisclosed sum.
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Sapropor produces and markets fresh and processed pork products under brands including Damatta and Izidoro. The unit has annual sales of around €30m (US$34.5m), reported Reuters.
Manuel Inacio & Filhos is Portugal’s biggest pork processor and had sales of €121.5m last year.