“BS signed an agreement to acquire Italian deli meat manufacturer Grupo King’s for 82 million euros ($92.5 million). Grupo King’s will be incorporated by its subsidiary Rigamonte. The JBS board of directors unanimously approved the transaction, which is subject to approval by antitrust authorities.”

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meatpoultry.com

JBS acquires Italy’s Grupo King’s for $92.5 million

The Brazilian meatpacker gains four processing plants in the deal.

White House Calls Out Meat Packer Profits

The recent financial statements from America’s large meat processors show the companies used their market power to drive up meat prices and underpay farmers, tripling their own net profit margins since the start of the pandemic.

Source : https://www.drovers.com/news/industry/white-house-calls-out-meat-packer-profits

JBS announced an agreement to acquire a majority stake in the Spanish company, BioTech Foods, which marks the Brazilian animal protein giant entering into cultivated protein market.

Source : https://www.poultryworld.net/Meat/Articles/2021/12/JBS-buys-Spanish-company-to-enter-cultivated-meat-market-827852E/

poultryworld.net

JBS buys Spanish company to enter cultivated meat market

JBS announced an agreement to acquire a majority stake in the Spanish company, BioTech Foods, which marks the Brazilian animal protein giant entering into cultivated protein market.

JBS announced an agreement to acquire a majority stake in the Spanish company, BioTech Foods, which marks the Brazilian animal protein giant entering into cultivated protein market.

Source : https://www.poultryworld.net/Meat/Articles/2021/12/JBS-buys-Spanish-company-to-enter-cultivated-meat-market-827852E/

poultryworld.net

JBS buys Spanish company to enter cultivated meat market

JBS announced an agreement to acquire a majority stake in the Spanish company, BioTech Foods, which marks the Brazilian animal protein giant entering into cultivated protein market.