WH Group Ltd, the owner of Smithfield Foods, the world's largest pig breeding and meat processing company, is expanding its operations on the European market.
The transaction must be approved by regulatory authorities, the Chinese group informed.
Elit and Vericom operate three meat processing facilities, five distribution centers in Romania and approximately 12,000 customers.
In August, WH Group, Smithfield acquired Pini Polska, Hamburger Pini and Royal Chicken in Poland as part of its expansion efforts in Europe.
In Romania, Smithfield Ferme operates 46 active farms in the counties of Timis and Arad, plus four swine breeding units and two ultramodern plants for compound feed. (source: AGERPRES)