Branded packaged meat company Plumrose, a subsidiary of JBS, has announced plans to invest $200 million to build a state-of-the-art Italian meat and charcuterie facility. Although the location of the new factory is yet to be revealed, it will reportedly be strategically located to efficiently access raw material and leverage synergies with existing corporate assets. Construction of the new facility – the company’s seventh – is described a being in …
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Bunge, the leading agri-commodities business, has announced it has reached a deal to sell its margarine and mayonnaise assets in Brazil to JBS subsidiary Seara Alimentos, which primarily markets meat products, in a deal worth around R$700 million ($174 million). The transaction includes three production plants in Gaspar (SC), Sao Paulo (SP) and Suape (PE), as well as the retail brands Delicia and Primor, and the foodservice brand Gradina. “The transaction is in …
JBS, the Brazilian meat firm, has acquired beef and pork products maker Marba, via its subsidiary Seara Alimentos, for an undisclosed sum, according to a report in InfoMoney. The company said the acquisition was “in line with our strategy of increasing the number of added-value brands and brands in our portfolio”. Founded in 1961, Marba produces a broad range of traditional Brazilian meat products, including mortadela, linguica, salami and bacon …
JBS USA, a subsidiary of the Brazilian meat-packer and food processor JBS, has announced a $95 million expansion project at its beef production facility in Grand Island, NE. According to a company statement, the expansion of the 107,000 sq ft facility, which is expected to be completed in early 2021, will include new improved animal handling facilities, a state-of-the-art, temperature-controlled harvest floor and facility reconfiguration designed to improve team member …
JBS, the leading Brazil meat firm, is acquiring Rio Grande do Sul based pork processor Adelle for R$235 million ($59.4 million), according to a report in Folho de Sao Paulo. The acquisition, conducted through the JBS subsidiary Seara, includes a pork processing plant located in the city of Seberi. The unit is said to have begun operations in 2015. Commenting on the move, JBS said the acquisition of Adelle would …
Leading beef, pork and prepared foods firm JBS has announced a $20 million investment to expand its Plumrose facility in Ottumwa (IA) to meet growing demand for bacon among retail and foodservice customers. The expansion is said to also include bacon processing and equipment upgrades, including new state-of-the-art slicing equipment. Commenting on the investment, Plumrose USA president Tom Lopez said: “Today’s announcement demonstrates our continued commitment to the Ottumwa community …
JBS USA, a subsidiary of the Brazilian meat-packer and food processor JBS, has agreed to acquired Plumrose USA, a US based ham and deli meat business, for $230 million from Danish Crown, a leading pork exporter and processor. The agreement includes five prepared food plants located in Indiana, Iowa (2), Mississippi and Vermont, and two distribution centres in Indiana and Mississippi. The new acquisition is described as part of JBS’ …
Brazilian meat firm JBS has announced that it has entered into an agreement to buy Cargill Inc.’s pork businesses in the USA for $1.45 billion. According to a company announcement, the deal includes two meat processing plants in Iowa and Illinois, as well as five feed mills in Missouri, Arkansas, Iowa and Texas and four hog farms in Arkansas, Oklahoma and Texas. “Today’s announcement of our agreement to purchase the …
Brazilian meat firm JBS is set to acquire Moy Park, the British unit of Marfrig Global Foods, for $1.5 billion, according to a report in Business Insider quoting AFP. The purchase is said to further JBS’s plans to expand its presence in the European processed foods market. JBS will pay $1.19 billion in cash as well as assuming Moy Park’s debt of £200 million ($318 million), according to reports. Moy …
Primo Group, Australia and New Zealand’s leading producer of ham, bacon and processed meat products, is to be acquired by JBS Australia, a subsidiary of Brazilian food giant JBS, for $A1.45 billion ($1.26 billion). Primo Group, which was started in 1985 with just 38 employees, has grown to become Australia’s leading processed meats companies, now employing more than 3,000 staff. Commenting on the deal, Wesley Batista, Global CEO of JBS, …
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