JBS SA Makes Another Buy

JBS SA Makes Another Buy

Company continues to acquire meat facilities.

Brazil's JBS SA is getting larger by agreeing to buy Australia-based Rockdale Beef. The company is based in New South Wales and is owned by Mitsubishi Corporation and Itoham Foods Incorporated of Japan. Rockdale has slaughtering capacity of 200,000 cattle a year and exports to 12 countries.

In the past year, JBS has purchased poultry producer Pilgrim's Pride of Pittsburg, Texas, Brazilian beef business Bertin SA and Australian lamb producer Tatiara Meat Company.

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