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Montevideo, August 7th 2022 - 22:29 UTC

Tag: Mafrig Global Foods

  • Friday, July 3rd 2015 - 12:43 UTC

    JBS buys UK's Moy Park for $1.5bn from rival Mafrig Global Foods

    Moy Park, the largest producer of poultry in the UK, will give JBS access to affluent markets in Britain, Scandinavia and other European countries

    Brazil’s JBS, the world’s largest meat packer, has agreed to pay about $1.5 billion for Moy Park, the British unit of rival Mafrig Global Foods. JBS, which has undertaken a massive overseas expansion since 2007, will pay $1.19 billion in cash and will assume Moy Park’s debt totaling £200 million as part of the deal, Marfrig said in a statement.