Brazilian protein giants Marfrig and JBS have reached an agreement that will see the ownership of European poultry processor Moy Park transf...
All signs are pointing to a growing public awareness of – and concern about – the use of human antibiotics in animals that will subsequently...
| 21 Nov 2014
Brazil-based JBS is already the world's largest meat supplier but it has its sights on growing further in value-added products and in Asia - and has turned to a business in Australia to help it achieve that goal.
| 2 Jun 2014
The dramatic M&A battle being played out in the US protein space comes as fresh evidence that food companies are willing to pay top-dollar for quality businesses in a consolidating sector.
| 29 May 2014
Tyson Foods entered fray today (29 May) when it issued a fresh bid for Hillshire Brands, trumping an earlier offer from Pilgrim's Pride. Like Pilgrim's, Tyson stressed the strategic merits of taking control of the Jimmy Dean-to-State Fair manufacturer. Tyson is clearly prepared to pay a premium price for Hillshire - but will another bid be forthcoming? Katy Askew reports.
| 29 May 2014
With the bidding war for Hillshire Brands intensifying, it is pertinent to point out just how correct Sara Lee's management - and those on Wall Street that supported the split - were about the shareholder benefits of separating the old business.
| 3 Apr 2013
Brazil's Vigor, created when meat giant JBS listed the business last year, wants to be the largest dairy company in the country. Two months ago, Vigor invested in rival Itambé, a deal that enabled it to take the number three spot in the Brazilian dairy sector. However, as Paula Krizanovic discovers, Vigor CEO Gilberto Xandó has grander ambitions for the business.
| 24 Nov 2015
JBS-owned Moy Park has announced a GBP10m (US$15.1m) investment in its poultry plant in the English town of Ashbourne.
| 12 Nov 2015
Meat processor JBS has posted an increase in third-quarter profits and sales despite weakness in its US market.
| 13 Aug 2015
The US Department of Agriculture has calmed fears over the outlook for feed prices, prompting shares in protein groups such as Pilgrim's Pride and Sanderson Farms to rise.
| 3 Jul 2015
This week, McCormick & Co. highlighted China as a strength in its first half numbers. Valio made a commitment to halve sugar in its dairy snacks and the Consumer Goods Forum committed to halving global food waste by 2025. Elsewhere, Ebro Foods acquired French sandwich maker Roland Monterrat. Here is the week in quotes.
| 3 Jul 2015
ConAgra said that it will sell its private brands business after reporting losses. We asked whether General Mills' plans to turn around US sales will work and took a detailed look at what Grexit would mean for the food industry in Greece. Here are this week's highlights on just-food.
| 2 Jul 2015
Brazilian meat group JBS has entered an agreement to acquire Cargill's US pork business in a deal worth US$1.45bn.
| 30 Jun 2015
The US market has opened to fresh beef imports from Brazil and Argentina, ending a long period of restriction, the US Department of Agriculture's Animal and Plant Health Inspection Service revealed yesterday (29 June).
| 26 Jun 2015
This week has been bumper for food sector M&A. Ferrero announced that it is gobbling up UK chocolate maker Thorntons. JBS is taking control of Moy Park from heavily indebted Brazilian meat group Marfrig. Grupo Bimbo also announced it has purchased parts of Spanish baker Panrico. Meanwhile, in the world of retail, Delhaize and Ahold revealed plans to combine. Here is just-food's top news and insight coverage from this week.
| 22 Jun 2015
Marfrig has entered into a deal to sell its European meat business, Moy Park, to fellow Brazil-based meat group JBS for around US$1.5bn.
| 1 Jun 2015
Russia has imposed a temporary ban on imports from 10 Brazilian meat processing plants.
| 21 May 2015
JBS chief executive Wesley Batista has reportedly indicated the Brazilian meat group is seeking further acquisitions in both North and South America, as well as Australia.
| 14 May 2015
Brazilian protein group JBS reported a jump in both sales and earnings for the first quarter of the year, progress the group attributed to its strategic initiatives and drive to become a "global" business.
| 22 Apr 2015
US poultry processor Pilgrim's Pride plans to remove all antibiotics from 25% of its chicken production by 2019.
| 27 Mar 2015
Brazil-based meat giant JBS has labelled reports it is weighing up whether to return to plans to float its US unit as "press speculation".
| 12 Mar 2015
Brazil-based meat giant JBS attributed a jump in 2014 sales and earnings to its transformation drive, which has aimed to turn the company into a "multinational of Brazilian origin".
| 2 Mar 2015
JBS, the Brazilian meat giant, has suspended plans to list its processed food business, JBS Foods, in Brazil.
| 30 Jan 2015
JBS has announced plans to invest US$75m to expand capacity at its value-added beef processing plant in Hyrum, Utah.
| 30 Jan 2015
This week, Hershey announced the acquisition of meat jerky brand, Krave. Post also revealed it was to acquire US cereal brand MOM. Elsewhere, Campbell announced a reorganisation of its business and JBS US said it would pump US$75m into its Utah plant. Here is the week in quotes
| 23 Dec 2014
JBS, the Brazilian protein giant, has insisted it "strongly denies" reports linking it to a corruption investigation being carried out by the Brazilian Federal Police, operation "Lava-Jato".
| 3 Dec 2014
The Brazilian securities regulator, the CMV, has lifted its suspension on JBS's plan to list its processed food unit, JBS Foods.
| 25 Nov 2014
The Brazilian securities regulator, the CMV, has suspended JBS's proposed float of its domestic consumer food unit for 30 days after the group's CEO made public comments on the group's plans in the Brazilian press.
| 21 Nov 2014
Brazilian meat giant JBS has struck a deal to buy Australian ham and bacon producer Primo Smallgoods for A$1.45bn (US$1.26bn).
| 21 Nov 2014
Brazilian meat giant JBS is to add to its domestic business with the acquisition of local poultry processor Big Frango Group.
JBS S.A. - Mergers & Acquisitions (M&A), Partnerships & Alli
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