19 Sep 2022

Walmart announced on August 31 that it will invest in a beef packing plant that the firm Sustainable Beef LLC will build in the US town of North Platte, Nebraska, for an estimated value of $325 million.

 

 

In a statement, Walmart said it has signed an agreement to acquire a minority stake in the plant. The investment is part of a “wider strategic partnership to source high-quality Angus beef from Sustainable Beef.”


Three years earlier, Walmart had made a similar partnership with a group of 44 livestock producers to supply some 500 supermarkets in the southeastern United States.


As part of the investment, Walmart will have representation on the Sustainable Beef board.

About APLF

We bring leather, material and fashion businesses together: an opportunity to meet and greet face to face. We bring them from all parts of the world so that they can find fresh partners, discover new customers or suppliers and keep ahead of industry developments.

 

We organise a number of trade exhibitions which focus on fashion and lifestyle: sectors that are constantly in flux, so visitors and exhibitors alike need to be constantly aware both of the changes around them and those forecast for coming seasons.

 

APLF Fairs follow Informa AllSecure, Informa’s approach to enhanced health and safety standards at events in the aftermath of COVID-19.

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