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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.
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.
Pages in category "JBS S.A. subsidiaries" The following 8 pages are in this category, out of 8 total. ... Swift Refrigerator Line This page was last ...
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 of the feed additive ractopamine were ...
On September 17, 2009, JBS USA Holdings, Inc. announced the purchase of 64% of the shares of Pilgrim's Pride. JBS USA. is a subsidiary of Brazilian multinational JBS S.A., the largest meat processor in the world, and the largest by revenue. Currently JBS USA Holdings, Inc. owns 78.5% of the company.
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