The sale of US meat processor Swift & Co. has been completed, it was announced today (12 July).

Go deeper with GlobalData

Data Insights

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, Latin America’s largest beef processor, said it had sealed the acquisition of Swift from US private equity group HM Capital Partners for US$1.5bn.


The deal will make the consolidated JBS Swift Group will be the largest beef processor in the world.


JBS has operations in 23 plants in Brazil and 5 in Argentina. Swift is the third-largest processor of fresh beef and pork in the US and the largest beef processor in Australia.


The acquisition was first agreed in May. JBS agreed to acquire Swift for $225m and assume some $1.2bn of the company’s debt.

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

Swift’s owners announced a strategic review of the business back in January after a run of poor financial results.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now