JBS

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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

Dean Best | 22 Jun 2017

A court in Brazil has suspended JBS's plan to sell a clutch of assets in South America to meat processing rival Minerva.


Dean Best | 20 Jun 2017

Under-fire Brazilian meat giant JBS said today (20 June) it is looking to offload more assets in a bid to beef up its finances.


Dean Best | 14 Jun 2017

J&F Investimentos, the Brazilian holding company behind local meat giant JBS, has refuted a report claiming it has hired banks to advise on the possible sale of another asset, dairy company Vigor.


Katy Askew | 14 Jun 2017

Embattled Brazilian meat group JBS has appointed Dr Marcelo Proença to the post of global head of compliance in a bid to strengthen its corporate governance structure.


John Shepherd | 12 Jun 2017

A fine of BRL10.3bn (US$3.1bn) awarded against the controlling shareholder of Brazil-based meat giant JBS, J&F Participacoes, could increase further as new corruption allegations are investigated, according to a report.


John Shepherd | 8 Jun 2017

Brazil-based meat giant JBS has reportedly said its majority stake in US poultry arm Pilgrim's Pride is not for sale.


John Shepherd | 8 Jun 2017

Packs of sliced corned beef "sourced" from Brazil-based JBS have been removed from the shelves of UK retailer Waitrose, after a national newspaper linked the meat giant with alleged slave labour on cattle farms.


Dean Best | 6 Jun 2017

Brazil-based meat giant JBS today (6 June) announced the sale of its beef operations in three South American markets to companies controlled by local rival Minerva.


John Shepherd | 31 May 2017

Brazil-based meat giant JBS today (31 May) confirmed its controlling shareholder, J&F Participacoes, will pay a BRL10.3bn (US$3.1bn) fine under a "leniency agreement" arising out of a national corruption probe.


John Shepherd | 31 May 2017

The controlling shareholder of Brazilian meat giant JBS, J&F Investimentos, has reportedly agreed to pay a "leniency fine" of around BRL10bn (US$3bn) over its role in a corruption scandal that has engulfed JBS and top politicians.


John Shepherd | 30 May 2017

Brazil-based meat giant JBS has announced the appointment of former Procter & Gamble executive Tarek Farahat as chairman of the embattled group after the resignation of Joesley Batista.


John Shepherd | 24 May 2017

Brazilian meat giant JBS has reportedly hired an investment bank to help plan a sale of some assets to pay a fine to settle allegations arising from a corruption probe that has engulfed the firm, top executives and politicians – including the country's president.


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.

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