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    • Gama
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    • Innovation & Insight Reports
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JBS

All the posts published.
1 MIN READ

USA: JBS discontinues Planterra Foods

October 20, 2022
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Food, Manufacture & Distribution, North America

Global meat firm JBS has decided to discontinue its US plant-based foods unit Planterra Foods, according to a FoodBev report. The firm will reportedly now focus its efforts in plant-based foods Brazil and Europe, where its customer base and market share are said to be growing. Nikki Richardson, head of corporate communications at JBS USA, said: “JBS USA has made the decision to discontinue operations in its US-based Planterra business …

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1 MIN READ

Italy: JBS to acquire King’s Group and Principe charcuterie brands

December 15, 2021
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Europe, Food, Mergers & Acquisitions

Global protein-based food company, JBS, has entered into an agreement to acquire King’s Group by its subsidiary Rigamonti. The deal will help JBS to strengthen its presence in the United States and Europe. With an investment of €82 million (US$ 92.5 million), the company acquires four plants in Italy and the entire operation of Principe in the United States, having a portfolio and structure for producing and distributing authentic Italian …

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1 MIN READ

USA: Swift Prepared Foods to buy Sunnyvalley Smoked Meats

October 18, 2021
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Food, Mergers & Acquisitions, North America

Swift Prepared Foods, a subsidiary of global meat firm JBS, has reached an agreement to acquire Sunnyvalley Smoked Meats for $90 million. Founded in 1990, Sunnyvalley Smoked Meats is a producer of smoked bacon, ham, and turkey products with gross revenues of $150 million annually. The company’s operates a production facility employing over 300 people. Swift Prepared Foods was acquired by JBS USA in 2017 and currently operates seven production facilities. …

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1 MIN READ

USA: Planterra Foods to open new R&D centre in Colorado

August 24, 2021
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Food, Manufacture & Distribution, North America

Planterra Foods, a JBS subsidiary specialising in plant-based foods, has announced the opening of a new R&D innovation centre in Lafayette, Colorado. The new facility will allow Planterra Foods to continue developing new plant-based ingredients and high-quality product innovations, the company said. Commenting on the move, Planterra Foods CEO Darcey Macken said: “I am proud of the team we’ve built at Planterra Foods and look forward to a future of …

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1 MIN READ

Australia: JBS to acquire Huon for A$425 million

August 9, 2021
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Asia Pacific, Food, Mergers & Acquisitions

Brazilian meat firm JBS has entered into an agreement to acquire Australian trout and salmon business Huon Aquaculture for A$425 million ($312.5 million), according to a FoodBev report. Based in Tasmania, Huon operates fish farms and markets fish products across Australia. According to sources, the purchase is a strategic acquisition for JBS, creating a new growth platform for the business within the aquaculture sector. Commenting on the deal, Peter Bender, Huon …

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1 MIN READ

Brazil: JBS to invest $351m to expand capacity in Parana

May 20, 2021
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Food, Latin America, Manufacture & Distribution

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 …

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1 MIN READ

Brazil: JBS to acquire plant-based firm Vivera

April 20, 2021
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Food, Latin America, Mergers & Acquisitions

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 …

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1 MIN READ

USA: Plumrose to build $200 million facility for Italian meat and charcuterie

August 13, 2020
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Food, Manufacture & Distribution, North America

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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1 MIN READ

Brazil: Bunge sells margarine and mayonnaise assets to JBS

January 2, 2020
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Food, Latin America, Mergers & Acquisitions

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 …

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1 MIN READ

Brazil: JBS acquires Marba

November 7, 2019
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Food, Latin America, Mergers & Acquisitions

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 …

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1 MIN READ

USA: JBS to invest $95 million to expand beef facility

May 31, 2019
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Food, Manufacture & Distribution, North America

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 …

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1 MIN READ

Brazil: JBS buys pork firm Adelle

May 3, 2019
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Food, Latin America, Mergers & Acquisitions

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 …

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1 MIN READ

USA: JBS to invest $20 million to expand pork facility

February 14, 2019
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Food, Manufacture & Distribution, North America

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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1 MIN READ

USA: JBS to acquire Plumrose

March 14, 2017
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Food, Mergers & Acquisitions, North America

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’ …

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1 MIN READ

USA: JBS to acquire Cargill’s US pork business

July 3, 2015
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Food

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 …

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1 MIN READ

Brazil: JBS to acquire Moy Park

June 24, 2015
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Food, Latin America

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 …

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1 MIN READ

Australia: JBS to acquire Primo Smallgoods

November 24, 2014
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Asia Pacific, Food

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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1 MIN READ

Brazil: JBS acquires Tyson Foods’ poultry business

August 13, 2014
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Food, Latin America

Brazilian food giant JBS has announced that it is to acquire the business of poultry of Tyson Foods in Mexico and Brazil for $575 million. The announcement of the acquisition comes a month after Tyson and JBS battled for control of the American company Hillshire Brands, with the latter finally winning out. JBS said that the Mexican business – Tyson de Mexico – would be acquired for $400 million through …

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