Smithfield Foods, Inc.’s IPO

Cravath represented the underwriters in connection with the $521.7 million initial public offering of common stock of Smithfield Foods, Inc., an American food company and an industry leader in value‑added packaged meats and fresh pork. The shares were listed on the Nasdaq Global Select Market. The transaction closed on January 29, 2025.

The Cravath team included partners Andrew J. Pitts and Ryan J. Patrone and associates Obianuju A. Enworom, Kelsey L. Laabs and Victoria Gu on capital markets matters; partner Andrew T. Davis and associate Carolyn Liziewski on tax matters; partner Matthew J. Bobby and associates Molly E. Nichols and Caroline Wyatt on executive compensation and benefits matters; partner Sasha Rosenthal‑Larrea and associate Matthew L. Ybarra on intellectual property matters; and partner Matthew Morreale and associate Star S. Gulant on environmental matters.