About Smithfield Foods
Smithfield Foods is a company based in Smithfield (United States) founded in 1936 was acquired by Shuanghui International in May 2013.. The company has 34,000 employees as of December 31, 2024. Smithfield Foods has completed 10 acquisitions, including American Foods Group, Cumberland Gap Provision and Farmer John. Smithfield Foods offers products and services including Packaged Meats and Recipes. Smithfield Foods operates in a competitive market with competitors including Maple Leaf Foods, BRF, Stryve Biltong, Chomps and The New Primal, among others.
- Headquarter Smithfield, United States
- Employees 34000 as on 31 Dec, 2024
- Stage Public
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Smithfield Foods, Inc.
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Annual Revenue
$14.14 B-3.14as on Dec 31, 2024
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Net Profit
$953 M5856.25as on Dec 31, 2024
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EBITDA
$1.37 B118.5as on Dec 31, 2024
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Latest Funding Round
$400 M (USD), Debt – Conventional
Apr 05, 2019
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Investors
Goldman Sachs
& 3 more
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Employee Count
34000
as on Dec 31, 2024
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Investments & Acquisitions
American Foods Group
& 9 more
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Acquired by
Shuanghui International
(May 29, 2013)
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IPO & Listings of Smithfield Foods
Smithfield Foods is a publicly listed company on the NASDAQ with ticker symbol SFD in USA, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Smithfield Foods
Smithfield Foods offers a comprehensive portfolio of products and services, including Packaged Meats and Recipes. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers various packaged meat products for consumer retail and safety.
Provides ingredient guides and recipes using company products.
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Software Development Team
86 people
Sales and Marketing
52 people
Leadership Team
43 people
Human Resources and Administration
33 people
Finance and Accounting
20 people
Senior Team
19 people
Data Analysis and Operations Team
15 people
Operations Team
13 people
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Funding Insights of Smithfield Foods
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $400.0M
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First Round
First Round
(05 Apr 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Debt – Conventional - Smithfield Foods | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Smithfield Foods
Smithfield Foods has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, Merrill Lynch and Barclays Investment Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Barclays Investment Bank is engaged in providing advisory, financing, and risk management services to companies, governments, and financial institutions worldwide.
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Founded Year | Domain | Location | |
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Commercial bank
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Smithfield Foods
Smithfield Foods has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include American Foods Group, Cumberland Gap Provision and Farmer John. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Meat production and trading services are provided by the company.
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2022 | ||||
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Provider of domain registration and web hosting services
|
2011 | ||||
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Internet services are provided to individuals and businesses.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Smithfield Foods
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Smithfield Foods Comparisons
Competitors of Smithfield Foods
Smithfield Foods operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Maple Leaf Foods, BRF, Stryve Biltong, Chomps and The New Primal, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Meat products including sausages, hams, and deli items are produced.
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| domain | founded_year | HQ Location |
Value-added meat products are processed and supplied globally.
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| domain | founded_year | HQ Location |
Beef jerky is manufactured and distributed by Stryve Biltong.
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| domain | founded_year | HQ Location |
Snacks brand
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| domain | founded_year | HQ Location |
Jerky, meat sticks, and marinades are produced and sold online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Smithfield Foods
Frequently Asked Questions about Smithfield Foods
When was Smithfield Foods founded?
Smithfield Foods was founded in 1936 and raised its 1st funding round 83 years after it was founded.
Where is Smithfield Foods located?
Smithfield Foods is headquartered in Smithfield, United States.
How many employees does Smithfield Foods have?
As of Dec 31, 2024, the latest employee count at Smithfield Foods is 34,000.
What is the annual revenue of Smithfield Foods?
Annual revenue of Smithfield Foods is $14.14B as on Dec 31, 2024.
What does Smithfield Foods do?
Smithfield Foods was established in 1936 in Smithfield, United States, within the meat processing sector. Hog breeding and rearing operations are conducted, followed by processing into various meat products. These items are supplied to markets across the United States and beyond. The companys activities encompass the full supply chain for pork products, supporting wholesale and retail distribution in the food industry.
Who are the top competitors of Smithfield Foods?
Smithfield Foods's top competitors include Maple Leaf Foods, BRF and Chomps.
What products or services does Smithfield Foods offer?
Smithfield Foods offers Packaged Meats and Recipes.
Is Smithfield Foods publicly traded?
Yes, Smithfield Foods is publicly traded on NASDAQ under the ticker symbol SFD.
How many acquisitions has Smithfield Foods made?
Smithfield Foods has made 10 acquisitions, including American Foods Group, Cumberland Gap Provision, and Farmer John.
Who are Smithfield Foods's investors?
Smithfield Foods has 4 investors. Key investors include Goldman Sachs, Merrill Lynch, Barclays Investment Bank, and Shuanghui International.
What is Smithfield Foods's ticker symbol?
The ticker symbol of Smithfield Foods is SFD on NASDAQ.
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