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JBS buys slaughterhouses in Northern Brazil keeps an eye on Doux

With its appetite whetted to expand its operations, JBS has just bought two more small beef slaughterhouses in Northern Brazil and is still interested in France's Doux, which owns Frangosul in Rio Grande do Sul, valued at about R$ 2 billion.

In early April JBS submitted these two recent acquisitions in the beef segment to Brazil’s anti-trust body (CADE). It confirmed the acquisitions, but declined to comment on negotiations with Doux.

The two slaughterhouse deals, say sources, total R$ 3 million. One unit is in the city of Ariquemes, in Rondônia, and belonged to MJE. The other is in Rio Branco, Acre, and was controlled by Jema.

This takes JBS’ deals involving the purchase or lease of beef units of beef in Brazil this year to seven. The two newly acquired slaughterhouses have a combined slaughter capacity of 900 head per day.

Information provided by Valor Economico

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