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CADE approves indirect purchase by of Avebom by JBS Aves

Brazil's antitrust body, CADE, has unrestrictedly approved JBS Aves Ltda's purchase of DBF Participações Societárias Ltda, which owns Avebom Indústria de Alimentos Ltda. The decision was published in the Official Gazette on Monday.

With the acquisition, the J & F Group expands its chicken slaughter capacity with the Avebom plant in Jaguapitã, in the state of Paraná.

JBS now owns all of DBF, a non-operating company that was owned João Andreo Colofatti and Flávio Barbosa Andreo.

Information provided by Valor Econômico

 

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