Food industry company news

Subscribe via RSSWhat is RSS?

JBS is an international meat processing company. Founded by Jose Batista Sobrinho in 1953, JBS is a public company, listed on the BM&F Bovespa exchange as JBSS3. The head office for JBS is located in São Paulo, Brazil.

Latest Insights

10 Things to Learn - JBS's acquisition of Moy Park

Brazilian protein giants Marfrig and JBS have reached an agreement that will see the ownership of European poultry processor Moy Park transf...

Comment: Act now to cut antibiotics in meat

All signs are pointing to a growing public awareness of – and concern about – the use of human antibiotics in animals that will subsequently...

Dean Best | 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.

Katy Askew | 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.

Katy Askew | 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.

Dean Best | 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.

Latest Interviews

Paula Krizanovic | 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.

Latest News

John Shepherd | 22 May 2017

Brazil's President, Michel Temer, has pledged to take legal action to suspend an investigation into allegations he was involved in a corruption scandal that has engulfed national meat giant JBS.

Dean Best | 16 May 2017

JBS, the Brazil-based meat giant, has booked a first-quarter profit of BRL422m (US$136.5m) - compared to a loss of over BRL2.7bn a year earlier - but the company saw its sales decline.

Dean Best | 11 May 2017

JBS, the Brazil-based meat giant, has again been reported to be giving consideration to delaying the IPO of its international operations.

John Shepherd | 5 May 2017

Pilgrim's Pride, the US poultry arm of Brazilian meat giant JBS, has booked a drop in its first-quarter profits, despite improved sales.

Dean Best | 24 Apr 2017

Brazil-based meat giant JBS has restarted production at six of the ten plants it had made idle in the wake of the bribery allegations that rocked the domestic meat sector.

Dean Best | 31 Mar 2017

JBS is to temporarily reduce the number of workers at ten plants in Brazil to adjust to a decline in domestic beef sales in the wake of the fraud allegations that have hit the sector.

Dean Best | 28 Mar 2017

JBS, one of the Brazil-based meat processors at the centre of corruption allegations, has refused to be drawn on a report it is considering suspending the flotation of its overseas operations.

Dean Best | 27 Mar 2017

China, one of the Brazilian meat industry major international customers, was among a number of countries to either fully or ease bans on the country's imports that were introduced in the wake of the corruption allegations that have swirled around the sector.

Dean Best | 24 Mar 2017

JBS, the Brazilian meat giant and one of the companies embroiled in the Carne Fraca allegations, halted output at 33 of its 36 domestic plants this week, it has revealed.

Paula Krizanovic | 17 Mar 2017

Brazil-based meat giants JBS and BRF are at the centre of the country's biggest-ever food-related police investigation, which is looking into allegations of bribery involving agricultural inspectors.

Dean Best | 14 Mar 2017

JBS, the Brazil-based meat giant, has moved to expand its business in the US through the acquisition of bacon and deli meats business Plumrose USA from Danish Crown, the Denmark-based meat cooperative.

Dean Best | 14 Mar 2017

Danish Crown has decided to sell Plumrose USA as the US bacon-to-deli meats business does not fit the Denmark-based meat cooperative bid to grow on the back of investment in northern Europe and Asia.

Dean Best | 14 Mar 2017

JBS, the Brazil-based meat processing giant, posted a profit for the fourth quarter of 2016 - after running up a loss for the first nine months - but saw its sales slide during the last chunk of the year.

Hannah Abdulla | 9 Feb 2017

US poultry group Pilgrim's Pride has booked lower sales and profits for 2016.

John Shepherd | 26 Jan 2017

Moy Park, the UK meat processor owned by Brazil's JBS, is launching a ready-to-eat Good to Go range of snacks, its latest attempt at taking a bite of its domestic meat snacks category.

Katy Askew | 6 Dec 2016

Brazilian meat packer JBS revealed it is planning an initial public offering in the US for its JBS Foods International unit, which is headquartered in the Netherlands. 

Dean Best | 29 Nov 2016

Pilgrim's Pride has struck a deal to buy fellow US poultry processor GNP for US$350m.

John Shepherd | 21 Nov 2016

Institutional investors in the US are calling on some of the nation's biggest producers of turkey and other meats to do more to tackle the "significant water pollution risks" associated with feeding, slaughtering and processing livestock.

Katy Askew | 15 Nov 2016

JBS, the Brazilian meat giant, said that it expects its performance in South America to improve as the region becomes more economically stable. 

John Shepherd | 27 Oct 2016

Brazil-based meat giant JBS has scrapped plans for a major reorganisation of the group, including moving some operations outside the country, after the move was blocked by a government agency.

John Shepherd | 14 Sep 2016

Brazil-based meat giant JBS said today (14 September) that Wesley Batista and his brother Joesley Batista had been reappointed to their respective posts of CEO and board chairman at the firm just hours after they were suspended from office by a court order.

John Shepherd | 13 Sep 2016

José Batista Júnior has been appointed as interim president and CEO of Brazil-based meat giant JBS, after a court in the country ordered the temporary suspension from office of his predecessor, Wesley Batista, in connection with a police probe into reported allegations of fraud at a number of Brazilian pension funds.

Dean Best | 6 Sep 2016

Wesley Batista, the CEO of JBS, the Brazil-based meat giant, has reportedly been ordered to step down from the role by a court order in the country.

just-food homepage

Forgot your password?