JBS USA, a subsidiary of JBS S.A., has plans to purchase Empire Packing Co. LP for $238 million, reports Food Business News. The transaction, which is subject to regulatory review and government approvals, includes Empire’s case-ready production facilities and Ledbetter branded retail products.
“Today’s announcement highlights our ongoing commitment to diversifying our product offerings,” says Andre Nogueira, chief executive officer of JBS USA. “Empire is a longstanding respected family-owned company with strong leadership and quality assets in strategic locations across the U.S. that fit well in our business model.” Full Story
Related: Nestlé Seeks Acquisitions in 2020; Platinum Equity Acquires Biscuit International.
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JBS USA to Acquire Empire Packing Co.
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February 21, 2020
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