Insights and Stories on JBS

Jan. 11, 2016 at 4:41 pm CST

Inspectors have approved 15 Canadian beef and pork processing plants to export to Ukraine, more than doubling the number of Canadian meat plants able to ship to the country. Federal Agriculture Minister Lawrence MacAulay and Trade Minister Chrystia Freeland on Monday announced Ukraine has, essentially, approved beef and pork exports […]

By Staff

Nov. 27, 2015 at 4:25 pm CST

Sao Paulo | Reuters — Brazil’s federal accounts court, the TCU, said it had identified irregularities on loans to JBS SA, the world’s largest beef producer, and is deepening an investigation into the company’s relationship with state-run lender BNDES. The TCU is probing loans used to purchase U.S.-companies Swift and […]

By Caroline Stauffer

Oct. 30, 2015 at 3:13 pm CDT

Sao Paulo / Reuters – Brazilian meatpacker JBS SA said on Friday it had concluded its $1.45 billion acquisition of Cargill Inc’s U.S. pork assets without any restrictions from regulators, a deal that makes it one of the largest meat companies in the United States. UPDATE: Cargill Illinois hog processing plant […]

By Reuters

Oct. 27, 2015 at 7:50 pm CDT

Sao Paulo | Reuters –– JBS SA, the world’s largest meat packer, is ready to take on a slew of acquisitions next year, chairman Joesley Batista said Tuesday. The Brazilian company controls assets in the U.S., Canada, Australia and other countries. Batista, speaking on the sidelines of a telecommunications industry […]

By Reuters

Sep. 20, 2015 at 10:46 am CDT

Sao Paulo | Reuters –– Brazil’s JBS, the world’s largest beef exporter, is looking to enlarge its processed foods operations and expand in Europe, CEO Wesley Batista said in an interview with Valor Economico published Friday. The company, which in recent months has made billion-dollar acquisitions in the U.K. and […]

By Reuters