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WH Group
Food & nutrition / Meat and food processing
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WH Group, formerly known as Shuanghui Group, is a Chinese multinational meat and food processing company. The company is based in Luohe, Henan province, China, and was founded in 2007.
The company primarily focuses on the production and sale of pork, with operations spread across China, the United States, Europe and some parts of Asia. WH Group is the largest pork producer in the world and its products range from fresh meat to packaged meat products such as sausages, bacon, and other processed meats.
In addition to its pork production, WH Group also has interests in poultry, beef, lamb, and other food products. The company operates through its subsidiaries, including Smithfield Foods in the US, Campofrío in Spain, and others.
In 2013, WH Group acquired Smithfield Foods, one of the largest pork producers in the US, for $4.7 billion, making it the largest acquisition of a US company by a Chinese company at the time.
WH Group is a publicly listed company and is listed on the Hong Kong Stock Exchange. It has a global workforce of over 80,000 employees and reported revenue of US$24.1 billion in 2020.
The company's mission is to be a world-class enterprise known for its innovative, sustainable and safe food products, and to provide high-quality protein to consumers around the world.
The company primarily focuses on the production and sale of pork, with operations spread across China, the United States, Europe and some parts of Asia. WH Group is the largest pork producer in the world and its products range from fresh meat to packaged meat products such as sausages, bacon, and other processed meats.
In addition to its pork production, WH Group also has interests in poultry, beef, lamb, and other food products. The company operates through its subsidiaries, including Smithfield Foods in the US, Campofrío in Spain, and others.
In 2013, WH Group acquired Smithfield Foods, one of the largest pork producers in the US, for $4.7 billion, making it the largest acquisition of a US company by a Chinese company at the time.
WH Group is a publicly listed company and is listed on the Hong Kong Stock Exchange. It has a global workforce of over 80,000 employees and reported revenue of US$24.1 billion in 2020.
The company's mission is to be a world-class enterprise known for its innovative, sustainable and safe food products, and to provide high-quality protein to consumers around the world.
What is special about the company?
The WH Group is a Chinese food and meat processing company that is one of the largest in the world. The company produces over 30 million tons of meat products annually and has a presence in over 100 countries. Some of the unique aspects of the company include its size, global reach, and commitment to sustainable and ethical practices. The WH Group is also known for its extensive research and development capabilities, as well as its focus on innovation and technology in the food industry. Additionally, the company has made significant investments in modernizing and upgrading its production facilities, which has helped it maintain a competitive edge in the market.
What the company's business model?
The WH Group is a Chinese food conglomerate that primarily operates in the meat processing industry. Its main business model is to acquire and consolidate meat processing companies around the world, with a focus on pork production.
As a global leader in pork production, the company operates a vertically integrated supply chain, which includes breeding, farming, processing, and distribution. This allows the WH Group to control the entire production process and ensure quality and efficiency.
In addition to pork production, the WH Group also has a diversified portfolio of businesses, including poultry, beef, lamb, and seafood processing. It also offers related services such as logistics, retail, and food packaging.
The company's business model is centered around continuous expansion and diversification through mergers and acquisitions, as well as strategic partnerships and joint ventures. It has a strong presence in China, the United States, and Europe, but is also expanding into emerging markets in Asia, Latin America, and Africa.
Overall, the WH Group's business model is focused on maximizing profits through economies of scale, vertical integration, and global market reach. It aims to meet the growing demand for high-quality and safe meat products, while also adapting to changing consumer preferences and market trends.
As a global leader in pork production, the company operates a vertically integrated supply chain, which includes breeding, farming, processing, and distribution. This allows the WH Group to control the entire production process and ensure quality and efficiency.
In addition to pork production, the WH Group also has a diversified portfolio of businesses, including poultry, beef, lamb, and seafood processing. It also offers related services such as logistics, retail, and food packaging.
The company's business model is centered around continuous expansion and diversification through mergers and acquisitions, as well as strategic partnerships and joint ventures. It has a strong presence in China, the United States, and Europe, but is also expanding into emerging markets in Asia, Latin America, and Africa.
Overall, the WH Group's business model is focused on maximizing profits through economies of scale, vertical integration, and global market reach. It aims to meet the growing demand for high-quality and safe meat products, while also adapting to changing consumer preferences and market trends.
Interesting facts about the company
1. The company was originally founded as Shuanghui Group in 1958 by local farmers in Henan Province, China.
2. In 1998, the company became the first Chinese meat producer to be listed on the Hong Kong Stock Exchange.
3. WH Group acquired Smithfield Foods, Inc., the largest pork producer in the United States, for $4.7 billion in 2013.
4. The company changed its name to WH Group in 2014, symbolizing its global expansion strategy.
5. WH Group operates in more than 30 countries and has over 100,000 employees worldwide.
6. In 2018, the company produced 4.2 million tons of meat, making it the largest pork and packaged meat company in the world.
7. The company’s brands include Smithfield, Farmer John, Eckrich, Farmland, and Krakus among others.
8. WH Group’s products can be found in major retailers and foodservice outlets in North America, Asia, and Europe.
9. The company has a strong commitment to sustainability and has implemented initiatives to reduce its environmental impact, promote animal welfare, and support local communities.
10. In 2020, WH Group donated 5 million yuan (approximately $774,000) to support the fight against COVID-19 in China.
11. The company has received numerous awards and recognitions, including being named a Fortune Global 500 company and being listed on the Forbes Global 2000 list.
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2. In 1998, the company became the first Chinese meat producer to be listed on the Hong Kong Stock Exchange.
3. WH Group acquired Smithfield Foods, Inc., the largest pork producer in the United States, for $4.7 billion in 2013.
4. The company changed its name to WH Group in 2014, symbolizing its global expansion strategy.
5. WH Group operates in more than 30 countries and has over 100,000 employees worldwide.
6. In 2018, the company produced 4.2 million tons of meat, making it the largest pork and packaged meat company in the world.
7. The company’s brands include Smithfield, Farmer John, Eckrich, Farmland, and Krakus among others.
8. WH Group’s products can be found in major retailers and foodservice outlets in North America, Asia, and Europe.
9. The company has a strong commitment to sustainability and has implemented initiatives to reduce its environmental impact, promote animal welfare, and support local communities.
10. In 2020, WH Group donated 5 million yuan (approximately $774,000) to support the fight against COVID-19 in China.
11. The company has received numerous awards and recognitions, including being named a Fortune Global 500 company and being listed on the Forbes Global 2000 list.
See Company Due Diligence:
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