Company Overview of Continental Grain Company Corp.
Continental Grain Company Corp. engages in the agricultural businesses. The company engages in feed milling, animal husbandry, and poultry production and processing. Its operations range from feed and flour milling, and oilseed crushing to poultry production and commodity supply to third party clients in Latin America and the Caribbean. It sells its products to restaurants, retail brands, foodservice companies, and industrial companies. The company has strategic alliances with Castleton Commodities International, LLC; Charoen Pokphand Group; Overseas Shipholding Group, Inc.; and Seaboard Corporation. Continental Grain Company Corp. was formerly known as ContiGroup Companies, Inc. and changed...
277 Park Avenue
New York, NY 10172
Founded in 1813
Key Executives for Continental Grain Company Corp.
Chairman and Chief Executive Officer
Chief Financial Officer and Executive Vice President
Chief Executive Officer of Five Rivers and President of Five Rivers
Chief Executive Officer of Wayne Farms Llc and President of Wayne Farms Llc
Chief Human Resources & Administrative Officer and Executive Vice President
Compensation as of Fiscal Year 2014.
Continental Grain Company Corp. Key Developments
Continental Grain May Divest Wayne Farms
Nov 19 14
Paul Fribourg, Chief Executive Officer and Chairman of Continental Grain Company Corp. said, "Continental Grain Company Corp. may sell a stake Wayne Farms LLC. There are many ways to raise capital to continue growing. An IPO would be one. Companies raising cash through debt or equity offerings typically offer a 20% stake. The idea was still under consideration and gave no time frame for when a decision might be taken."
Continental Grain Urges Smithfield To Sell Underperforming Assets
Apr 25 13
Continental Grain Company, shareholder of Smithfield Foods, Inc. (NYSE:SFD), is requesting the company to sell underperforming assets. Continental Grain holds 6% stake in Smithfield. Continental Grain said it is seeking to justify a business as usual approach despite destroying shareholder value. ContiGroup's proposals include splitting Smithfield into three independent companies by divesting 51% of hog production and select European assets, it also also suggests Smithfield continue to own its Campofrio stake and Mexican assets and institute an annual dividend. However, C. Larry Pope, Chief Executive Officer of Smithfield, said, "We believe that Continental Grain's analysis of the benefits of a divestiture of our hog production business and select European assets, which they have made before, is inherently flawed, based on an intensive and ongoing review of these and other alternatives by the board, management and our financial and legal advisors."
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