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On July 12, 2007, JBS purchased Swift & Company in a US$1.5-billion, all-cash deal. The acquisition made the newly consolidated JBS Swift Group the largest beef processor in the world. Prior to the deal, JBS had a market capitalization of US$4.2 billion and sales revenue of $2.1 billion, and operated in 23 plants in Brazil and five in Argentina.
In 2007, JBS went through with a US$225m acquisition of U.S. firm Swift & Company, [12] which was the third largest U.S. beef and pork processor, renamed as JBS USA. It leads the world in slaughter capacity, at 51.4 thousand head per day, and continues to focus on production operations, processing, and export plants, nationally and internationally.
By P.J. Huffstutter and Tom Polansek. CHICAGO (Reuters) -Meat processor JBS said on Wednesday that Beijing blocked U.S. beef shipments from the company's plant in Greeley, Colorado, because traces ...
Brazil's JBS SA told the U.S. government that a ransomware attack on the company that disrupted meat production in North America and Australia originated from a criminal organization likely based ...
JBS is the world's largest meatpacker and the incident caused its Australian operations to shut down on Monday and has stopped livestock slaughter at its plants in several U.S. states.
All JBS-owned beef facilities in the United States were rendered temporarily inoperative. [4] Impacted slaughterhouses were located in states including Utah, Texas, Wisconsin, and Nebraska. A notable shutdown was the JBS beef facility in Souderton, Pennsylvania, which is the largest such facility east of Chicago, according to JBS. [5]
JBS SA employees were returning to U.S. meat plants on Wednesday, a day after the company's beef operations stopped following a ransomware attack. A notorious Russia-linked hacking group is behind ...
JBS Foods International (JBSFI) engages in the food business internationally, and is the largest meatpacking company in the world. [3] It is a "controlled company" in SEC parlance. JBSFI operates through four segments: Beef, Pork, Poultry, and Other. It offers fresh and processed beef, lamb, sheep, pork, and chicken.