Skip to content
Subscriber Only
Markets
Deals

McDonald’s Supplier Attracts Arkansas Chicken Producer

  • Tyson, Cofco, Cargill are also said to have presented proposal
  • Brazil’s Marfrig is said to have received five binding offers
Views Of McDonald's Restaurants As McDonald's Japan Investigates Nuggets From Cargill's Thai Unit

Photographer: Kiyoshi Ota/Bloomberg

Updated on

George’s Inc. -- a family-owned chicken producer based in Springdale, Arkansas -- is among five firms that presented binding offers to acquire Keystone Foods LLC assets, said two people with direct knowledge of the matter.

Keystone, a U.S. supplier of chicken nuggets to McDonald’s Corp., has also attracted bids from Tyson Foods Inc., Cargill Inc., China’s Cofco Ltd. and an unidentified Japanese firm, the people said, asking not to be named because the discussions are private. Meat producer Marfrig Global Foods SA, Keystone’s owner, is studying the offers now and should conclude the process shortly, the people said. In May, Bloomberg reported the companies were among those selected by the Brazilian firm to continue in the bidding process.