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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...


JBS sees big opportunity from Primo Smallgoods

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.


Comment: US food sector sees rising valuations

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.


Focus: Tyson raises stakes in bid for Hillshire

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.


Editor's viewpoint: Seeing the value in being lean

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

The just-food interview: Doux CEO Arnaud Marion

Stuart Todd | 15 Dec 2014

French poultry supplier Groupe Doux is a company looking to the future after a challenging recent past. From June 2012, Doux spent 18 months in administration after pressure from raw material costs and a failed foray into Brazil. In the a two-part interview, Stuart Todd speaks to Doux CEO Arnaud Marion, the turnaround specialist hired by the administrators and who has stayed on to lead the business into what he hopes is sustained recovery.


BRICs and beyond: Vigor eyes Brazil dairy top spot

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

US opens gates to beef from Brazil, Argentina

Katy Askew | 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).


News of the week – Ferrero & Thorntons

Katy Askew | 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.


JBS to buy Moy Park from Marfrig

Katy Askew | 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.


Russia blocks imports from 10 Brazil meat plants

Hannah Abdulla | 1 Jun 2015

Russia has imposed a temporary ban on imports from 10 Brazilian meat processing plants.


JBS "seeking M&A" in Americas, Australia

Katy Askew | 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.


JBS sales and earnings surge

Katy Askew | 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.


Pilgrim's Pride makes antibiotic-free pledge

Dean Best | 22 Apr 2015

US poultry processor Pilgrim's Pride plans to remove all antibiotics from 25% of its chicken production by 2019.


JBS cool on US IPO talk

Dean Best | 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".


JBS sees benefits of transformation in 2014

Katy Askew | 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".


JBS suspends Foods listing

Katy Askew | 2 Mar 2015

JBS, the Brazilian meat giant, has suspended plans to list its processed food business, JBS Foods, in Brazil.


JBS to invest US$75m in Utah plant

Katy Askew | 30 Jan 2015

JBS has announced plans to invest US$75m to expand capacity at its value-added beef processing plant in Hyrum, Utah.


Food industry quotes of the week: Hershey; Post

Hannah Abdulla | 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


JBS denies link to corruption probe, shares plunge

Katy Askew | 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".


JBS Foods IPO suspension lifted

Katy Askew | 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.


Securities regulator suspends JBS food float

Katy Askew | 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.


JBS to buy Australian meats group Primo Smallgoods

Dean Best | 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).


JBS to snap up Brazilian poultry firm Big Frango

Dean Best | 21 Nov 2014

Brazilian meat giant JBS is to add to its domestic business with the acquisition of local poultry processor Big Frango Group.


Food industry news of week: Kellogg, JBS, bird flu

Dean Best | 21 Nov 2014

Kellogg this week made a move for Bisco Misr after private-equity firm Abraaj tabled an offer for the Egypt-based snacks group.


JBS earnings surge on higher sales, lower costs

Katy Askew | 13 Nov 2014

Brazilian meat giant JBS has booked a jump in net earnings for the third quarter of the year, lifted by higher sales and improved margins.


Vigor plans dairy plant in Rio de Janeiro state

Dean Best | 5 Nov 2014

Brazilian dairy Vigor is planning to set up a plant in the state of Rio de Janeiro as it looks to continue its expansion within the country.


Machado to join Brazilian dairy Vigor as CFO

Dean Best | 28 Oct 2014

Brazilian dairy Vigor has named Victor Machado as its new CFO.


JBS silent on plans to "delay" food float

Hannah Abdulla | 22 Sep 2014

JBS has declined to comment on whether it is to delay plans for the US$1.7bn initial public offering of its food unit.

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