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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 meats processor JBS will take over Primo Group in a deal worth $1.45bn.
The world's largest fresh meats processor JBS will take over Primo Group in a deal worth $1.45bn.

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.

Original URL: https://www.news.com.au/finance/business/jbs-to-acquire-primo-for-145-billion/news-story/c86bde77e57c8325ebbe2a21fd5abd75