Wednesday, June 12, 2024

Tyson Foods and Malayan Flour Mills Berhad announce partnership

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Tyson buys a 49 percent stake in the poultry segment of the Malaysian food manufacturing company

SPRINGDALE, Ark. — Tyson Foods Inc. and Malayan Flour Mills Berhad have announced a partnership in which Tyson Foods will invest in the Malaysia-based company’s vertically integrated poultry business, which will add more supply flexibility for both companies. The transaction is subject to approval by the shareholders of Malayan Flour Mills Berhad, amongst others.

“Once completed, the poultry deal will optimize our existing Malaysia business and expand MFM’s poultry business,” said Chris Langholz, international president of Tyson Foods. “This partnership. . .

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