Vending

Tyson Foods teams with Saudi food company

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July 6, 2022

Tyson Foods Inc. has agreed to enter a strategic partnership with Tanmiah Food Co., a provider of fresh and poultry and other meat products, animal feed and health products, and is and a foods brand franchise operator, according to a press release.

Tyson will acquire a 15% stake in Tanmiah subsidiary Agriculture Development Co. and a 60% stake in its Supreme Foods Processing Co. The transaction is still subject to approval by KSA regulators.