July 14, 2014 2:25 AM ET

Food Products

Company Overview of Keystone Foods LLC

Company Overview

Keystone Foods LLC processes and produces fresh and frozen poultry, beef, fish, and pork protein products. The company offers beef and pork patties; par-fried items, such as breaded chicken nuggets and patties; fully cooked products, such as chicken wings, chicken breast filets, beef and chicken fajita strips, diced chicken, and bone-in chicken pieces; and coated and cooked/roasted chicken products, including cordon bleus. It also offers bacon products, grilled onion rings, spring rolls, coated cheeses, vegetable pies, and bakery products; and whole muscle chicken, karaage and tasutage, sausage patties, fish-fillets, karubi beef and pork, and rice patties; cheese, chocolate, and mousse cakes...

300 Barr Harbor Drive

Five Tower Bridge

Suite 600

West Conshohocken, PA 19428-2998

United States

Founded in 1973

Phone:

610-667-6700

Fax:

610-667-1460

Key Executives for Keystone Foods LLC

Chief Executive Officer
Age: 53
Founder and Chairman
Age: 80
Chief Financial Officer and Executive Vice President
Vice President of Business Technology Systems and Chief Information Officer
Chief Human Resources Officer and Vice President
Compensation as of Fiscal Year 2014.

Keystone Foods LLC Key Developments

Marfrig May List Moy Park And Keystone Foods

Marfrig Global Foods S.A. (BOVESPA:MRFG3) may list Keystone Foods LLC and Moy Park Ltd. Marfrig’s Chief Executive, Sergio Rial, said the company was examining selling stakes in two foreign subsidiaries Moy Park and Keystone Foods – so that it could pay down debt. The group has hired banks to advise on a possible sale. “It could be both or it could be just one, but we’re looking at both,” said Rial of the two possible deals. “It’s not impossible” that a sale could happen this year, he said. “That doesn’t mean that we’re setting a date for this year, but we have to be ready.” Rial cautioned in the Bloomberg interview that neither initial public offering is a done deal and he declined to name the adviser banks. “We’re convinced it’s an extremely favorable moment for listings in the United States and Europe,” Rial said, adding that proceeds from the offering could also be used to finance acquisitions or make investments without borrowing money. “There’s a lot of demand by European banks for good quality assets and a lack of opportunities there.” According to Irish Times, a spokeswoman for Moy Park was unable to comment on the possible stake sale.

Keystone Foods Reports Earnings Results for the Fourth Quarter of 2013

Keystone Foods reported earnings results for the fourth quarter of 2013. For the quarter, the company reported total net revenue of 1,390.3 million and adjusted EBITDA of BRL 95.5 million.

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