Growth JBS aquires pork processing plant in Seberi
The acquisition price of the assets is R$ 235 mill. and will be paid by Seara as follows: $ 80 mill. through a transfer of the Frederico Refrigerated Pork Plant, located in the city of Frederico Westphalen, state of Rio Grande do Sul; R$ 115 mill. through debt assumption; and R$ 40 mill. in local currency.
The conclusion of the transaction is subject to the approval of the Brazilian Antitrust Authority, amongst other usual conditions.