Meat + Poultry - October 2016 - 107

Paper is a BIG
part of your
quality product.

G L O B A L O P E R AT I O N S

State of Goias, about 100 miles southwest
of Brasilia. Originally named Friboi Ltd., the
company began expanding in the early 1970s
through acquisitions and capital expenditures.
By 2001, daily slaughter capacity in Brazil had
reached 5,800 head of cattle.
In 2005, the company made its first
international foray, acquiring Swift-Armour
Argentina SA, the largest beef producer and
exporter in Argentina. The following year the
corporation was renamed JBS SA
Frenetic expansion marked the following
10 years, including an initial public offering in
Brazil in 2007 and the $1.5 billion acquisition of
Swift & Co. in the United States that same year.
In 2008, JBS acquired National Beef Packing
Co. and Smithfield Beef Group Inc. in the United
States and Tasman Group Ltd. in Australia.
In 2009, JBS acquired 65 percent of
Pilgrim's Pride Corp., one of the largest
chicken processors in the United States. In
transactions in 2014 and 2015, JBS acquired
the Brazilian and Mexican poultry assets of
Tyson Foods Inc., and in March 2015 acquired
Consolidated Food Holdings Pty Ltd. (known
as Primo) for $1.2 billion. Primo is a leading
processor of lamb, sheep and pork in Australia.
That same year, JBS acquired Moy Park
Holdings Europe Ltd. for $1.5 billion. The
transaction expanded JBS operations in
Europe, including its portfolio of processed
and high value-added products. Yet another
transaction in 2015, completed in October, was
a $1.4 billion acquisition of the Cargill Meat
Solutions Corp. US pork business.

Hundreds of stock items and custom
solutions to make your products
even better.
"Our family owned and
operated business serves
portioned meat, poultry,
ﬁsh, bacon, bakery, and
specialty provisioners
with the highest quality
paper goods and
astonishing service."

"Our fresh
products
include fresh
and frozen
cuts of beef,
pork, lamb
and sheep,
whole chickens
and chicken
parts"
- JBS

"Select the coatings
and single or multi-ply
paper stocks for
your speciﬁc
applications."

FAMILY TIES
Even after this expansion, the company's
principal shareholders remain Batista, his
wife, Flora Mendonça Batista, and five of their
children: Valere Batista Mendonça Ramos,
Vanessa Mendonça Batista, Wesley Mendonça
Batista, Joesley Mendonça Batista and Vivianne
Mendonça Batista.
The Batista family owns 44.5 percent of JBS.
The Brazilian National Economic and Social
Development Bank owns 21.4 percent while
Caixa, a financial institution owned by the
Brazilian government, owns 7.3 percent. Other
shareholders own 26.8 percent. Following the
transaction, the family is expected to own 46.7
percent of JBS Foods International.
Since July, the company has been led by

"Side notch, tear pin or
combo conﬁgurations
produced and tested to
perform accurately with
any equipment line."

Products include: Patty Paper, Roll Paper, Bacon
Layout Paper and specialty products.

framarx
® waxstar
™

107
Toll Free: 800.336.3936

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Meat + Poultry - October 2016

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