IEG Vu is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By


Debt delayed acquisition of Doux by JBS

The ten-year lease with an option to purchase the assets held by Doux Frangosul in Brazil by JBS was only delayed by the issue of timeframes. The problem was the debt of almost R$ 500 million held by the subsidiary of the French multinational in Brazil, and which could not be negotiated with the creditor banks in time to prevent the total collapse of the operations.

"I started out looking to buy, but if we had not sorted this out now the company would have collapsed because it had no cash to pay employees or to feed the animals," said the president of JBS, Wesley Batista. "The was no time to negotiate the debt," he added.



What to read next




Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts