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MercoPress, en Español

Montevideo, December 22nd 2024 - 11:57 UTC

Tag: Pinnacle Asset Management

  • Monday, March 19th 2018 - 08:45 UTC

    Brazil's giant meat packer JBS sells feed-lot assets in several US states

    Pinnacle Asset Management, a private New York-based asset management firm that focuses on global commodities markets, bought the operations for US$200 m.

    It took about eight months, but Brazil's giant meat packing industry JBS is finally free of its Five Rivers Cattle Feeding operations. The Greeley-based company in Colorado had planned since last June to sell its massive cattle feeding operations, which span six states including Colorado. The deal became final and closed on Friday.