JBS has dismissed a report linking the Brazil-based meat giant to a move for UK processor Dunbia.
According to The Belfast Telegraph, there is “growing speculation Dunbia is in the process of being sold to JBS”.
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However, a spokesperson for JBS told just-food: “There is no foundation to this speculation”.
At the end of last year, Dunbia confirmed it was weighing up options on how to “maximise the potential” of the company.
At the time, Dunbia said it had received “several serious expressions of interest from would-be investors” in the past two years. The company added it had “enjoyed consistent growth over the past number of years and has ambitious plans to grow and expand the business”.
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Dunbia said it “had no statement to make” regarding the story in The Belfast Telegraph and a spokesperson added there were “no updates” in relation to the company mulling options for the business.
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By GlobalDataLast summer, JBS struck a deal to acquire Marfrig’s European unit, Moy Park.
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