Mergers & Acquisitions ·
Pilgrim's Pride Corporation announced it has entered into a Share Purchase Agreement to acquire Walker’s Deli &…
PPCPilgrims Pride Corp
Pilgrim's Pride Corporation announced it has entered into a Share Purchase Agreement to acquire Walker’s Deli & Sausage Company from Samworth Brothers Limited for approximately £141.5 million in cash, on a debt-free and cash-free basis. The transaction is expected to close in September 2026, subject to customary closing conditions including approval by the U.K. Competition and Markets Authority (CMA) and completion of employee consultation obligations under applicable U.K. law. Walker’s specializes in premium sausages, cooked meats, bacon, snacking products, and pâté, operating four production facilities in Leicester with approximately 1,150 employees. Pilgrim's Pride is a global protein processor and prepared-foods company.