JBS owned Planterra Foods has announced the opening of a new R&D innovation centre in Lafayette, Colorado. The new facility will allow Planterra to continue developing new plant-based ingredients and high-quality product innovations. Darcey Macken, CEO of Planterra Foods said, “I am proud of the team we’ve built at Planterra Foods and look forward to a future of continued growth and innovation in our new space in Lafayette.” “Planterra Foods …
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Brazilian protein giant JBS has entered into an agreement to acquire Australian fish producer Huon Aquaculture for AUD 425 million (approx. $312.5 million). Based in Tasmania, Huon farms salmon and trout selling its products across Australia. According to sources, the purchase is a strategic acquisition for JBS, creating a new growth platform for business with aquaculture. The deal, which already has approval from the Foreign Investment Review Board, will need …
Brazilian protein giant has announced the investment of BRL 1.85 billion (approximately $351.5 million) to expand its production capacity in Parana, southern Brazil. The investment, which will be made over the next five years, will include the construction of a prepared food plant and the modernization and expansion of the current Rolandia poultry factory in order to meet the demand of both domestic and overseas markets for raw protein and …
Brazilian protein giant has entered into an agreement to acquire plant-based protein producer Vivera for €341 million. Headquartered in The Netherlands, Vivera produces a wide range of plant-based meat replacements operating in over 25 countries across Europe. The deal includes three manufacturing units and a research and development centre located in The Netherlands. The acquisition strengthens JBS’s plans to expand its presence in the strong growth category of plant-based meat …
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 …
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 …
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