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Bio-Rad Laboratories, headquartered in Hercules, California, develops, manufactures, and sells products and solutions for the clinical diagnostics and life sciences markets. In clinical diagnostics (56% of sales), Bio-Rad sells test systems and specialized quality controls for clinical laboratories. In life sciences (44% of sales), it develops and manufactures instruments and reagents used in research, biopharmaceutical production, and food testing and has a leadership position in dPCR technology. The company is geographically diverse, with major markets in the Americas (42% of 2023 sales), Europe (31%), Asia (31%), and other (6%). Bio-Rad owns approximately 33% of Sartorius, a lab and bioprocessing supplier that specializes in single-use technology used in biologics manufacturing.
Smithfield is the largest hog producer and pork processor in the world, processing more than 27 million hogs in fiscal 2011, with a slaughter capacity of 110,000 hogs per day. Around 55% of all pork revenue comes from value-added packaged meats, which were the focus of previous acquisitions and central to the company's long-term strategy. The firm continues to expand its European operations.