Swift completes sale of business to XL Foods
by MEAT&POULTRY Staff
GREELEY, COLO. — Swift & Co. officials announced this past Friday the completed sale of its non-fed cattle business to XL Foods, Inc., based in Alberta, Canada.
Having gone public with plans for the transaction this past April, XL officials completed its due diligence on the deal, which includes acquiring Swift’s Omaha plant and its assets in Nampa, Idaho. XL will operate the company as XL Four Star Beef, Inc.
XL Foods is a division of Nilsson Bros. Group, a cattle feeding and marketing company, and is one of Canada’s largest beef processing companies, processing 450,000 head per year at its operations in Alberta and Saskatchewan.