Chinese Pork Giant Returns to U.S. Trough with Second Big Purchase

(Beijing) — Leading Chinese pork producer WH Group announced it will buy top California top pork processor Clougherty Packing LLC for $145 million, but observers said on Wednesday the deal could face political and protectionist obstacles.

WH Group, formerly known as Shuanghui, announced on Monday its plan to buy Clougherty and its two affiliates, Farmer John and Saag's Specialty Meats. The deal is expected to be completed before the end of 2016, the group said.