In 2011 a Chinese court sentenced five people to lengthy prison terms for their roles in feeding clenbuterol hydrochloride, a dangerous additive, to pigs destined for consumers. One of the companies implicated in the scandal was Shuanghui International, China’s largest chilled meat processor.
That pork scandal was just the latest food safety scare for China, which continues to grapple with quality control of everything from fried chicken wings to infant formula as it works to feed its expanding middle class.
On Wednesday Shuanghui took a big step towards addressing those concerns, agreeing to pay $7.1bn including net debt for Smithfield Foods, the largest US pork producer.