DALIAN, China -- Chinese pork processor WH Group is considering acquiring more companies in Europe to diversify its income sources, which now depend heavily on its home market and the U.S.
"We're actively searching for targets in Europe and are ready to buy them if an opportunity arises," CEO Guo Lijun said in an earnings call on Monday. The owner of U.S. pork behemoth Smithfield Foods is looking at pork producers and processors, Guo added.
