(JBSsa.com)

JBS to buy Australia’s Primo for $1.4B

Sao Paulo | Reuters — Brazil’s JBS SA, the world’s largest beef exporter, has agreed to buy Australian processed foods producer Primo Smallgoods for A$1.45 billion (C$1.41 billion). The company will also buy food company Grupo Big Frango in Brazil for 430 million reais (C$192 million), stepping up the pace of acquisitions that have played […] Read more

Brazil’s JBS Foods to delay IPO

Sao Paulo | Reuters — JBS SA received regulatory approval to delay an initial public offering of its JBS Foods unit in Brazil, according to a securities filing on Tuesday, putting off a plan to raise four billion reais (US$1.61 billion) for a few more weeks or until next year. The Sao Paulo-based food processor […] Read more





What’s at ‘steak’ in a growing demand for chicken?

What’s at ‘steak’ in a growing demand for chicken?

Beef packing needs a better value add if it's going to compete with poultry

When we consider the trials and tribulations of beef packers, there is often very little room for sympathy. But beef packing is a tight-margin business and processors will engage in more than one protein to offer consumers. Looking at the top five global processors in the world shifts our perspective on the importance of processing […] Read more