JBS S. A.
JBS (short for José Batista Sobrinho Sociedade Anonima ) is a Brazilian corporation. It is the largest meat producer in the world and the largest meat processing companies in South America. Today's JBS was formed in 2007 from a takeover of the U.S. meat company Swift & Company by the Brazilian JBS SA. Headquarters of the Group 's São Paulo (Brazil) and Dallas (Texas, USA). CEO of the parent company JBS S. A. is Joesley Mendonça Batista, Wesley Mendonça Batista, his son is the CEO of JBS USA Inc.. JBS is listed on the Brazilian stock exchange Bovespa. Majority shareholder of JBS S. A. J & F Participações (J & F).
Division of JBS is the processing, preparation, packaging and distribution of both fresh, frozen, and processed meat. Also prepares JBS ready meals, canned meat and cooking meat, and hides and other by-products of cattle slaughter. JBS has 23 processing plants in Brazil and six in Argentina. It exports mainly to the EU, Russia, Israel, Latin America, the USA, Morocco, Hong Kong, Egypt, and Saudi Arabia. Own brands of the group include Matoratta, Swift, Friboi and Anglo.
History
The company was in Anápolis, in the Brazilian state of Goiás, José Batista Sobrinho of founded in 1953 as a small cattle - slaughterhouse under the name Friboi (daily slaughter capacity only 5 pieces). José Batista Sobrinho had three sons and three daughters, all aufrückten later in management positions in the Group. 1968 and 1970 respectively a slaughter house was purchased, the slaughter rose to 500 per day. By the end of the millennium, followed by numerous acquisitions of slaughterhouses and meat processing plants.
2006, all activities of the JBS Friboi group, which had nothing to do with meat separated.
In July 2007, the JBS Group acquired, through its subsidiary JBS Holding Internacional Ltda for about 1.5 billion U.S. dollars from ConAgra Foods, the U.S. company Swift & Company, at that time the third largest fresh meat producer in the United States and the largest meat processor in Australia; since been renamed the whole group as JBS Swift Group.
End of 2007, JBS acquired for 225 million euros 50 % of Italian Inalca SpA, a subsidiary of beef producers Cremonini SpA.
In early March 2008 gave the U.S. company Smithfield Foods ( the world's largest pig breeding and pork processing company) announced that it has for 565 million U.S. dollars in cash its beef division Smithfield Beef Group Inc. (SBG ), currently based in Green Bay, on JBS will sell. To SBG heard in Loveland (Colorado) -based Five Rivers Ranch Cattle Feeding LLC, a 50/50-Gemeinschaftsunternehmen with the New York Continental Grain Co. (formerly Conti Group Cos. Inc.), the fully shortly before the transaction of Smithfield shares against delivery is acquired. The sale of livestock between the two companies at JBS is to take place later. At the same time JBS bought for 970 million U.S. dollars in the Kansas City-based National Beef Packing Co., formerly the fourth largest U.S. beef processors and one of the largest meat exporters to Japan. In addition to took over the Australian meat processor JBS Tasman Group for 150 million U.S. dollars.
With the completion of the acquisitions for which an approval of the U.S. authorities are expected JBS becomes the largest meat processing and meat marketing company in the United States, before the previous market leader Tyson Foods. JBS is then 63,000 employees worldwide, 79,200 head of cattle have each and 48,000 pigs and annual sales of approximately 21.5 billion U.S. dollars a slaughter capacity of every day. Before that JBS had close to 20,000 employees, slaughtered 34.141 million head of cattle and had a turnover of nearly 4 billion U.S. dollars.
One of the greatest competitors the main agricultural company Cargill, Smithfield Packing Company and Tyson Foods included.