JBS USA, one of the country's largest processors of beef, pork and lamb, has acquired meat product provider Plumrose USA from Danish Crown for $500 million. The acquisition includes five prepared foods facilities in Indiana, Iowa, Vermont and Mississippi, and is part of JBS's plan to expand its presence in the prepared foods and branded product sectors. The deal is set to close, subject to regulatory approval, in Q2 2017.
JBS USA, one of the country's largest processors of beef, pork and lamb, has acquired meat product provider Plumrose USA from Danish Crown for $230m. The acquisition includes five prepared foods facilities in Indiana, Iowa, Vermont and Mississippi, and is part of JBS's plan to expand its presence in the prepared foods and branded product sectors. The deal is set to close, subject to regulatory approval, in Q2 2017.