Growth: JBS aquires pork processing plant in ...
Growth

JBS aquires pork processing plant in Seberi

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JBS S.A. informed that Seara acquired a pork processing plant, including its integration system, located in the city of Seberi.
JBS S.A. informed that Seara acquired a pork processing plant, including its integration system, located in the city of Seberi.

BRAZIL, Sao Paulo. JBS S.A. informed that Seara acquired a pork processing plant, including its integration system, located in the city of Seberi, state of Rio Grande do Sul.

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.

Source: JBS
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