JBS acquires Smithfield, National, Tasman beef businesses

摘要

JBS SA, already the world's largest beef processor following the acquisition of Swift & Co., Greeley, Colo., in July, has acquired Smithfield Foods Inc.'s beef business, including its cattle feeding 'operations, Five Rivers Ranch Cattle Feeding LLC, for $565 million. The company also announced it was acquiring National Beef Packing Company LLC, Kansas City, Mo., for $560 million in cash and stock, as well as Tasman Group in Australia for $148 million.rnNational Beef Packing, which is owned by U.S. Premium Beef LLC, is the nation's fourth-largest beef processor while Smithfield Foods is the fifth-largest. Combining Swift, Smithfield and National beef businesses will make JBS SA the largest beef processor in the United States.