JBS to acquire Primo for $1.45 billion
THE world's largest fresh meats processor JBS will take over Primo Group in a deal worth $1.45 billion amid plans to export pork to China.
THE world's largest fresh meat processor JBS will pay $1.45 billion to acquire small goods producer Primo Group as it looks to export pork to Asia.
CHIEF executive of JBS Australia Brent Eastwood said the acquisition provided a great opportunity for JBS to expand sales of Primo Group products into offshore markets, including China.