The deal includes an advanced processing plant, poultry farms and land plots.

The new pork business is expected to be an independent, publicly traded company in 2025.

Frans van Heerden has been with the company for 18 years.

Kaho Partners seeks to acquire, scale food manufacturers focused on global cuisine.

The company could not finance feed to take care of 1.3 million broilers.

The Hebrew National facility had to pause production in the thick of grilling season.

Cost remains a hurdle in creating new products.

Iowa attorney general led 21 states to support an appeal of the pork restrictions.

The transaction includes 13 facilities in Argentina, Brazil and Chile.

Plaintiffs allege executives collaborated to hide the truth of company’s financial condition.