JBS acquires Plumrose USA
Brazilian meatpacker and food processor JBS SA reached an agreement to acquire U.S. ham and bacon producer Plumrose USA for $230 million, according to Reuters.
Brazilian meatpacker and food processor JBS SA reached an agreement to acquire U.S. ham and bacon producer Plumrose USA for $230 million, according to Reuters.
The deal includes five prepared foods plants located in Indiana, Iowa, Mississippi, and Vermont, as well as two distribution centers in Indiana and Mississippi.
The acquisition will “expand [JBS’s] portfolio of high value added prepared foods and strengthen its customer base and geographical distribution in the United States,” according to the company.
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