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JBS Enters Brazilian Egg Market with Acquisition of Mantiqueira Valued at $316 Million
JBS has announced its acquisition of a 48.5% stake in Mantiqueira, Brazil's largest egg producer, marking its debut in Brazil's egg industry.
Mantiqueira, which generates approximately BRL $2 billion in annual revenue according to The Agribiz, operates with a flock of 17.5 million laying hens. As part of the agreement, the company's founder will retain operational control alongside CEO Marcio Utsch.
Mantiqueira is expected to benefit from JBS's extensive distribution networks, including Seara and Friboi, which will broaden its market access across Brazil...
Fire At JBS Poultry Plant in Passo Fundo, Brazil
A fire broke out on Sunday October 27 at JBS’s poultry processing facility in Passo Fundo, Brazil.Local media outlets reported that the blaze affected an area designated for packaging. It was reported that JBS had confirmed local firefighters contained the blaze without injuries.
JBS USA and GreenGasUSA Partner to Transform Renewable Natural Gas Production
JBS USA, a leading global food producer, and GreenGasUSA today announced a new partnership to produce renewable natural gas (RNG) at multiple JBS beef and poultry processing facilities across the U.S.
Climate change and food security are two seemingly competing challenges — feeding a future world of 10 billion people with safe, nutritious, affordable food while also urgently helping the food system address environmental impacts and reduce greenhouse gas (GHG) emissions.
JBS believes it has a responsibility to help lead sustainable transformation by example and, as a result...
JBS to Quadruple Production in Saudi Arabia with New Plant
The new facility will solidify the company’s strategy in the region to expand its production of value-added products
JBS, one of the largest food companies in the world, is set to quadruple its production capacity in Saudi Arabia with the opening of a new plant in the country this November. With a $50 million investment, the new facility in Jeddah will focus on producing chicken nuggets, creating 500 jobs.
With over 30 years of experience exporting poultry to Saudi Arabia, JBS recently opened a...
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