Brazilian meat group JBS is reportedly set to launch the initial public offering of its domestic unit JBS Foods “within weeks”.

According to Reuters – which cited an unnamed source familiar with the matter – JBS hopes to raise BRL4bn (US$1.8bn) by listing its domestic food operations as early as next month.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

JBS confirmed in May it had started the process of listing JBS Foods. At the time, JBS said it expected the shares will be accepted for trading on the Novo Mercado of the BM&FBOVESPA exchange in Sao Paulo.

The company apparently wants to kick off investor meetings ahead of the move next week. However, the company declined to comment. 

JBS created JBS Foods last year when it acquired Seara Brasil from Brazilian rival Marfrig.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact