JBS USA to acquire meat processing plant
19 December 2019
JBS USA, a U.S. subsidiary of JBS SA, has leased a meat processing plant owned by a U.S.-based family enterprise J&B Group, with the intention to acquire it in the future. The facility, which is designed to produce fresh and frozen ground beef and steaks, stopped production in November 2019 due to the owners’ decision to move operations to another region in the U.S. The worth of the deal has not been disclosed.