“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.”

Source : https://www.meatpoultry.com/articles/25912-jbs-acquires-italys-grupo-kings-for-925-million

meatpoultry.com

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

The Brazilian meatpacker gains four processing plants in the deal.