Pilgrim's Pride to acquire Walkers Deli & Sausage for £141.5M cash

PILGRIMS PRIDE CORP

Total consideration ~£141.5M on debt-free, cash-free basis, payable fully in cash at closing.
Walker's operates 4 production facilities in Leicester, UK, with ~1,150 employees; premium pork products since 1824.
Closing expected September 2026, subject to UK CMA approval and employee consultation; no financing condition.
Seller is Samworth Brothers; Pilgrim's already supplies raw pork to Walker's.
CEO Fabio Sandri cites strategy to expand value-added food portfolio in key markets.

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