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

Ceres' dive into water gives food plenty to ponder

A new report from US non-profit Ceres looking at how food manufacturers are addressing water risks points to improvement among some companie...

Why Moy Park sale will help placate JBS creditors

Market reaction to JBS' sale of Northern Ireland-headquartered food group Moy Park to the US' Pilgrim's Pride for US$1.3bn has centred squar...


Katy Askew | 25 Jun 2015

Brazilian protein giants Marfrig and JBS have reached an agreement that will see the ownership of European poultry processor Moy Park transferred to JBS. The deal, which values Moy Park at US$1.5bn, represents a win-win for both parties. Here is what each stands to gain.


Katy Askew | 1 May 2015

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


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.

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

Simon Harvey | 19 Sep 2017

JBS founder Jose Batista Sobrinho took his first steps as the Brazilian meat giant's president and CEO by installing Gilberto Tomazoni to the newly created position of COO as the company restructures amid corruption allegations lodged against senior executives.


Simon Harvey | 18 Sep 2017

JBS has named the Brazilian global meat giant's founder Jose Batista Sobrinho as its new president - days after his son Wesley was arrested amid allegations of insider trading.


Simon Harvey | 14 Sep 2017

Wesley Batista, the CEO of Brazilian meat giant JBS, was arrested by federal police yesterday (13 September) investigating his possible role in insider trading along with his younger brother Joesley, who has been in custody since the weekend.


Simon Harvey | 12 Sep 2017

Joesley Batista, the former chairman of Brazilian meat giant JBS, handed himself in to Sao Paulo police on Sunday (10 September) after the Supreme Court had ordered his arrest.


Andy Coyne | 11 Sep 2017

UK-headquartered poultry and prepared meals firm Moy Park has been bought by US chicken giant Pilgrim's Pride in a US$1.3bn deal.


Andy Coyne | 21 Aug 2017

China's richest chicken farmer, New Hope, has been linked to a GBP1bn (US$1.28bn) takeover of UK poultry giant Moy Park, owned by Brazil-based meat processor JBS.


Dean Best | 15 Aug 2017

Brazil-based JBS, the world's biggest meatpacker, has reported rising first-half profits but posted a sharp drop in second-quarter earnings amid foreign-exchange and derivatives expenses.


Simon Harvey | 3 Aug 2017

Pilgrim's Pride, the US poultry arm of Brazilian meat giant JBS, saw sales and profit rise in the second quarter driven by robust results in North America.


Dean Best | 2 Aug 2017

Mexico's Grupo Lala is nearing a deal to buy Brazilian dairy peer Vigor.


Andy Coyne | 31 Jul 2017

Six Australian meat companies have been barred from selling beef and lamb to China because labels on the produce did not comply with paperwork.


Katy Askew | 17 Jul 2017

Brazilian meat giant JBS has reached an agreement to sell Canadian feed unit Lakeside Feeders for CAD50m (US$39.5m).


Dean Best | 14 Jul 2017

Brazil-based meat giant JBS has said a local appeals court has given the company the green light to sell a clutch of assets to rival Minerva, a deal that had been halted last month by an earlier judgment.


Ben Cooper | 29 Jun 2017

Troubled Brazilian meat processor JBS has set up an executive committee, the latest in a series of moves to strengthen its governance and compliance processes in a bid to restore credibility following damaging corruption investigations.


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.

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