Wednesday , April 21 2021

JBS buys pork processor in RS for $ 235 million – 26.04.2015

SÃO PAULO, Brazil (Reuters) – JBS announced on Friday that it has agreed to buy a pig processor at Rio Grande do Sul for 235 million units.

The deal was agreed with Adelle Indústria de Alimentos and the purchase unit is located in the city of Sebéry. JBS does not immediately report the CPU capacity.

According to JBS, the Seberi unit will contribute to the company's strategy in the processing of pork and ready-made products, including ham, sausages and bacon.

"The plant, one of the most modern in Brazil, is located in a region recognized for its importance for the production of pigmeat in the country," said Ioannita Karolleski, president of the Sera unit.

The factory purchased was inaugurated in 2015. According to Adelle information, the facility has a capacity for slaughter of 2,000 heads per shift.

The purchase will be paid with a donation of 80 million realized payments from Fredrigo Frigorific, located in Frederico Westphalen (RS). In addition, 115 million realized from the value of the business refer to Adel's assumption of debt and 40 million will be paid in the currency.

The conclusion of the operation depends on the approval of the Administrative Council for Economic Defense (Kade).

(From Alberto Allergy Young, Aluisio Alves Edition)

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