JBS S.A.
A T A G L A N C E
Founded in the 1950s in Midwest Brazil
IPO in Brazil in 2007
Leading protein producer in the wo...
Where We Are
A G L O B A L R E A C H
• Brazil
• United States
• Australia
• Mexico
• Puerto Rico
• Argentina
• Paraguay
• ...
Market Leader
J B S G L O B A L R A N K I N G S
Largest global beef and
lamb producer1
st
Largest global leather
processor...
Symbols of Quality
R E C O G N I Z E D B R A N D S
USA
Australia
Brazil
Argentina
JBS USA
I N D U S T R Y L E A D E R
JBS USA
 is a leading processor of beef, pork and lamb and poultry
 is the largest c...
JBS USA
O U R L O C A T I O N S
Australia
Canada
United
States
Mexico
Puerto Rico
Beef
W O R L D L E A D E R
U.S. Processing
Plants: 9
Australian
Processing Plants: 12
(beef & smalls)
Canadian Processing
...
Pork
QUALITY BEGINS AT THE FARM
Facilities:
 3 plants, 2 case ready
facilities
Plant Locations:
 Worthington, MN
 Marsh...
Facilities: 29 Fresh Processing Plants;
8 Prepared Foods Cook Plants
Employees: More than 37,500
Growers: 3,900 Contract G...
Five Rivers
GROWTH | TEAMWORK | LEADERSHIP
Feed yards: 12 Feed yards in 6 states and Canada
Employees: 730
Avg. Employee-t...
JBS Carriers
D E L I V E R I N G T H E V A L U E
Number of Facilities: 6 terminals
Number of Employees: More than 900
Loca...
Swift & Co. Trade
GLOBAL MARKET | GLOBAL ACCESS
n Meat & Byproducts Trading Worldwide
n More Than 40 Years’ Experience in ...
Australia
GLOBAL STRENGTH | LOCAL PASSION
Processing Facilities:
10 Beef & Small Stock
Feedlots: 5
Distribution Centers & ...
South America
GLOBAL STRENGTH | LOCAL PASSION
Processing Facilities: 81
Feedlots: 5
Distribution Centers & Cold
Stores: 12...
L O O K I N G T O T H E F U T U R E
Our Strategy
EBITDA
Margin
RATIONALE
Associating quality and branding to
increase clie...
STRATEGIC GLOBAL DISTRIBUTION
Production Platform
Slaughterhouses and
Production Units
Sales Office
Pork
LeatherBeef
Distr...
T O P O F M I N D B R A N D S
Value-Added Products
CHICKEN
 Pilgrim’s
 Pierce
 Wing Dings
 Wing Zings
 Speed Grill
 ...
Perspectives
F O R T H E A N I M A L P R O T E I N M A R K E T
U.S. Cattle Herd & Beef
Production
Substantial recovery sta...
Perspectives
F O R T H E A N I M A L P R O T E I N M A R K E T
Source: FAO
World Average Meat Consumption per Person, 1960...
Perspectives
F O R T H E A N I M A L P R O T E I N M A R K E T
Source: FAO - OECD
Meat Consumption Growth Forecast 2011-20...
Perspectives
F O R T H E A N I M A L P R O T E I N M A R K E T
Source: USDA 2012 (Estimated) | * Buffaloes / **Not Brazili...
Perspectives
F O R T H E A N I M A L P R O T E I N M A R K E T
The population growth coupled with rising living standards ...
Highlights
F I R S T Q U A R T E R 2 0 1 3
348.3
439.7
4.4 4.5
-12.0
8.0
0.0
200.0
400.0
600.0
800.0
1000.0
1200.0
1400.0
...
Highlights
C O N S O L I D A T E D R E S U L T S - Q 1 2 0 1 3
Source: JBS
348.3
506.4
689.4
585.5
439.7
4,4
5.5
7.1
5.4
4...
Highlights
J B S U S A B E E F ( I N C L U D I N G A U S T R A L I A )
Source: JBS
Performance by Business Unit
44%
% Net ...
Highlights
J B S U S A P O R K
Source: JBS
Performance by Business Unit 9%
% Net Revenue JBS S.A.
 Net revenue in the por...
Highlights
J B S U S A P O U LT RY ( P I L G R I M ’ S
P R I D E )
Source: JBS
Performance by Business Unit
21%
% Net Reve...
Consolidated Exports
Source: JBS
China, Hong Kong and
Vietnan 18.4%
Mexico 14.2%
Japan 8.2%
Africa and Middle East 7.9%
Ve...
Animal Welfare
S E T T I N G T H E S T A N D A R D
 Dedicated to ensuring the humane treatment, handling and slaughter of...
SustainabilityCULTURE
• Our responsibility
to be a good
corporate citizen is
an essential part of
our mission.
• We must c...
L O O K I N G T O T H E F U T U R E
Sustainable Growth
Adequate the Capital
Structure
Debt to finance
Working Capital
 E...
Food Safety
O U R F I R S T P R I O R I T Y
Beef
 SAFE Program (Slaughter Actions for
Excellence) for strong dressing pro...
Processor of the Year
NATIONAL PROVISIONER MAGAZINE
JBS USA invested
significant capital to
upgrade its
acquisitions, and ...
Seara Acquisition
JBS NOW LARGEST CHICKEN PRODUCER
JBS acquires Seara, to become
the world’s largest chicken producer.
JUN...
JBS Food Canada Inc.
A C Q U S I T I O N
JBS Acquires XL Foods and begins
operating as JBS Food Canada Inc.
in Brooks, Alb...
June jbs 2013
June jbs 2013
Upcoming SlideShare
Loading in …5
×

June jbs 2013

6,558 views

Published on

0 Comments
2 Likes
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
6,558
On SlideShare
0
From Embeds
0
Number of Embeds
5,804
Actions
Shares
0
Downloads
15
Comments
0
Likes
2
Embeds 0
No embeds

No notes for slide

June jbs 2013

  1. 1. JBS S.A. A T A G L A N C E Founded in the 1950s in Midwest Brazil IPO in Brazil in 2007 Leading protein producer in the world Net Revenue of $39.6 billion for LTM 2013 EBITDA of $2.3 billion for LTM period ending March 2013 Acquisitions of XL Foods in Canada and Agrovêneto in Brazil with cash outlay of $135.9 million 140,000 employees worldwide 307 production units on 5 continents Market Cap of $10.2 + billion
  2. 2. Where We Are A G L O B A L R E A C H • Brazil • United States • Australia • Mexico • Puerto Rico • Argentina • Paraguay • Uruguay • Chile • England • Italy • Egypt • China • South Korea • Japan • Canada • United Kingdom • Belgium • Hong Kong • United Arab Emirates • New Zealand • Russia • Taiwan • Mercosul JBS S.A.
  3. 3. Market Leader J B S G L O B A L R A N K I N G S Largest global beef and lamb producer1 st Largest global leather processor1 st Largest global chicken producer1 st Largest pork producer in the U.S.3rd Largest global cattle feeder1 st
  4. 4. Symbols of Quality R E C O G N I Z E D B R A N D S USA Australia Brazil Argentina
  5. 5. JBS USA I N D U S T R Y L E A D E R JBS USA  is a leading processor of beef, pork and lamb and poultry  is the largest cattle feeder in the world  provides products to customers in more than 100 nations on five continents  employs more than 73,000 people at more than 170 production units in 26 states, Australia, Canada, Puerto Rico and Mexico
  6. 6. JBS USA O U R L O C A T I O N S Australia Canada United States Mexico Puerto Rico
  7. 7. Beef W O R L D L E A D E R U.S. Processing Plants: 9 Australian Processing Plants: 12 (beef & smalls) Canadian Processing Plants: 1 Number of Employees: 16,000+ Daily Processing Capacity: 34,100 head Domestic Market Share: 22 percent U.S. Procurement: Cattle procured from Canada, Mexico and the U.S. United States Canada Australia
  8. 8. Pork QUALITY BEGINS AT THE FARM Facilities:  3 plants, 2 case ready facilities Plant Locations:  Worthington, MN  Marshalltown, IA  Louisville, KY Case Ready Locations:  Santa Fe Springs, CA  Muskegon, MI Capacity: 50,000 Head/Day 3rd Largest Fresh Pork Producer in the U.S. 12 Percent Share U.S. Pork Industry
  9. 9. Facilities: 29 Fresh Processing Plants; 8 Prepared Foods Cook Plants Employees: More than 37,500 Growers: 3,900 Contract Growers Bird Capacity: 36 Million Birds Per Week or 9.5 Billion Pounds of Live Chicken Per Year Pilgrim’s HIGH QUALITY | GREAT VALUE U.S. & Mexico Puerto Rico
  10. 10. Five Rivers GROWTH | TEAMWORK | LEADERSHIP Feed yards: 12 Feed yards in 6 states and Canada Employees: 730 Avg. Employee-to-Cattle Ratio: 1 to 1,250 One-Time Combined Feeding Capacity: 975,000 head Markets about 2 million head / year FEEDYARD LOCATION CAPACITY 1. CORPORATE GREELEY, CO 2. GILCREST LA SALLE, CO 69,000 3. KUNER KERSEY, CO 98,000 4. YUMA YUMA, CO 110,000 5. COLORADO BEEF LAMAR, CO 61,000 6. GRANT COUNTY ULYSSES, KS 110,000 7. CIMARRON TEXHOMA, OK 66,000 8. CORONADO DALHART, TX 67,000 9. XIT DALHART, TX 74,000 10. HARTLEY HARTLEY, TX 73,000 11. INTERSTATE MALTA, ID 52,000 12. MCELHANEY WELLTON, AZ 120,000 13. LAKESIDE BROOKS, AB, CA 75,000
  11. 11. JBS Carriers D E L I V E R I N G T H E V A L U E Number of Facilities: 6 terminals Number of Employees: More than 900 Locations: Greeley, CO (head office); Hyrum, UT; Green Bay, WI; Cactus, TX; Pittsburg, TX; Oakwood, GA. Number of Trucks in Fleet: 750 Types of Trucks: Refrigerated, Live Cattle, Container Chassis, Tank Miles Hauled/Year: 67,000,000
  12. 12. Swift & Co. Trade GLOBAL MARKET | GLOBAL ACCESS n Meat & Byproducts Trading Worldwide n More Than 40 Years’ Experience in Global Markets n Offices in Australia, New Zealand, U.S., Brazil n Trading in All Meat Proteins, from Supply Sources Across All Major Producers n Trading Sales in Excess of $500 Million Per Year
  13. 13. Australia GLOBAL STRENGTH | LOCAL PASSION Processing Facilities: 10 Beef & Small Stock Feedlots: 5 Distribution Centers & Cold Stores: 9 Employees: More than 7,000 Largest meat processor, exporter and cattle feeder in Australia • Bordertown, SA • Brooklyn , Vic • Canning Vale, WA • Cobram , Vic • Dandenong South, SA • Greenacre, NSW • Griffith, NSW • Hemmant, QLD • Legana, TAS • Longford, TAS • Nerimbera, QLD • Pooraka, SA • Quirindi, NSW • Quoiba, TAS • Riverview , QLD • South Townsville , QLD • Talwood, QLD • Toowoomba , QLD • Townsville , QLD • Yanco, NSW Locations
  14. 14. South America GLOBAL STRENGTH | LOCAL PASSION Processing Facilities: 81 Feedlots: 5 Distribution Centers & Cold Stores: 12 Employees: 64,000 Largest meat processor and exporter in South America Leading beef company in South America World’s largest exporter of poultry and leather Locations Brazil Argentina Paraguay Uruguay Brazil Argentina Uruguay Paraguay Sao Paulo Global HQ
  15. 15. L O O K I N G T O T H E F U T U R E Our Strategy EBITDA Margin RATIONALE Associating quality and branding to increase client loyalty Customized and further processed products for the end users Expanding a global distribution platform to reach end clients Developed an efficient and diversified global production platform Production platform Sales and distribution platform Value added products Branding Financial Structure Experienced Management Cost reduction, proce ss optimization Risk Management JBS’s Value & Strategy
  16. 16. STRATEGIC GLOBAL DISTRIBUTION Production Platform Slaughterhouses and Production Units Sales Office Pork LeatherBeef Distribution CenterBiodieselChicken Geographic Presence and Production Capacity 86,700 head/day Beef 50,100 head/day Pork 18,265 head/day Lamb 86,300 hides/day Leather 3 63 39 29 2 64 17 303 6 Lamb 8.3 mm birds/day Chicken
  17. 17. T O P O F M I N D B R A N D S Value-Added Products CHICKEN  Pilgrim’s  Pierce  Wing Dings  Wing Zings  Speed Grill  Country Pride  To-Ricos  Super-Chik’N  Honey-Dipt  Gold Kist Farms BEEF  Swift & Company  G.F. Swift 1855 Brand Premium Beef  Aspen Ridge Natural Beef  Swift Black Angus  Cedar River Farms  5 Star Beef  Showcase  Steakhouse Classic  Clear River Farms  Certified Angus Beef  Liberty Bell  Moyer  Blue Ribbon Beef  Packerland PORK  1855 Premium Pork  Swift Premium Natural Guaranteed Tender Pork  Swift Premium Natural Pork  Swift La Herencia Natural Pork
  18. 18. Perspectives F O R T H E A N I M A L P R O T E I N M A R K E T U.S. Cattle Herd & Beef Production Substantial recovery starting in 2014 Source: USDA NASS (National Agricultural Statistics Service) QuickStats and JBS 8 9 10 11 12 13 14 80 85 90 95 100 105 110 115 120 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014E 2016E 2018E 2020E US Cattle Herd (million head) US Annual Beef Production (million tonnes cwt) Forecast
  19. 19. Perspectives F O R T H E A N I M A L P R O T E I N M A R K E T Source: FAO World Average Meat Consumption per Person, 1960s to 2030 0 5 10 15 20 25 30 35 40 45 50 2030 1997-99 1964-66 Poultry Pork Lamb Beef
  20. 20. Perspectives F O R T H E A N I M A L P R O T E I N M A R K E T Source: FAO - OECD Meat Consumption Growth Forecast 2011-2020 Meat Consumption Forecast (Million tons) Expected increase in meat demand by country groups between 2010 - 2020 Emerging Developed 19% 81% Poultry Pork Sheep Beef 2020 228.1 Ave 2008-10 278.2 2001 338.3 67.5 95.1 122.5 90.8 105.7 126.6 58.6 64.6 73.6 11.2 12.7 15.6
  21. 21. Perspectives F O R T H E A N I M A L P R O T E I N M A R K E T Source: USDA 2012 (Estimated) | * Buffaloes / **Not Brazilian exports Canada 4.0% New Zealand 6.2% Mercosul** 9.3% Others 14.7% USA 13.4% Brazil 18.4% India* 17.0% Australia 17.0% Chicken Exports Beef Exports Pork Exports Turkey 2.8% Thailand 5.3% China 4.1% E.U. 10.8% Others 9.4% Brazil 34.8% USA 32.7% Chile 2.5% Brazil 9.0% China 3.2% Canada 17.0% Others 4.4% USA 33.4% E.U. 30.5% JBS is present in the main exporter markets
  22. 22. Perspectives F O R T H E A N I M A L P R O T E I N M A R K E T The population growth coupled with rising living standards around the world will drive an increase in demand for proteins in the emerging middle class 48 62 69 80 88 121 42 82 China Rússia México UE-27 Brasil EUA Mundo DesenvolvidosRussiaChina Mexico EU - 27 Brazil USA World Developed Source: FAO Recomended Consumption by FAO: 80/Kg per person Protein Consumption in the World Today is Half That Recommended by FAO Per Capita Meat Consumption (Kg/per capita)
  23. 23. Highlights F I R S T Q U A R T E R 2 0 1 3 348.3 439.7 4.4 4.5 -12.0 8.0 0.0 200.0 400.0 600.0 800.0 1000.0 1200.0 1400.0 1600.0 1800.0 2000.0 1Q12 1Q13 8.0 9.8 1Q12 1Q13 22% 26% 120.2 187.3 -120.0 50.0 100.0 150.0 200.0 250.0 300.0 350.0 400.0 1Q12 1Q13 Net Revenue ($ billion) Net Income* ($ million)EBITDA ($ million) 56%
  24. 24. Highlights C O N S O L I D A T E D R E S U L T S - Q 1 2 0 1 3 Source: JBS 348.3 506.4 689.4 585.5 439.7 4,4 5.5 7.1 5.4 4.5 -12.0 8.0 0.0 200.0 400.0 600.0 800.0 1000.0 1200.0 1400.0 1600.0 1800.0 1Q12 2Q12 3Q12 4Q12 1Q13 8,005.6 9,234.2 9,683.3 10,925.4 9,763.8 1Q12 2Q12 3Q12 4Q12 1Q13 12.8% -10.6% 15.3% 4.9% -15.1% -24.9% 45.4% 36.1% EBITDA Net Revenue ($ million) EBITDA ($ million) and EBITDA Margin EBITDA Margin (%)
  25. 25. Highlights J B S U S A B E E F ( I N C L U D I N G A U S T R A L I A ) Source: JBS Performance by Business Unit 44% % Net Revenue JBS S.A.  Net revenue for this business unit in the quarter was $4,315.1 million, outperforming 1Q12 by 5.8%, due to the increase in sales prices both in the domestic market and exports, besides the commencement of JBS’ operations in Canada, as a result of the acquisition of XL Foods’ assets. Compared to 4Q12 net revenues decreased 11.1%, principally due to the seasonality of the period. EBITDA at this business unit was negative at $25.1 million, mainly impacted by the pressure in the cost of raw material, due to the lower availability of livestock for slaughter. EBITDA margin was -0.6%. The Company believes in the improvement of the industry’s margins through the recovery of sales prices and a better balance between supply and demand, as well as the seasonal increase in the demand for beef and in the supply of livestock during the summer. JBS’ management maintains its focus on a low cost operation, with emphasis on increased profitability per animal processed and improved sales mix. Net Revenue ($ billion) EBITDA ($ million) EBITDA Margin (%) 5.8% 4.1 4.3 4.3 4.9 4.3 1Q12 2Q12 3Q12 4Q12 1Q13 -45,4 -9,1 175,1 103.3 -25.1 -1.1% -0.2% 4.1% 2.1% -0.6% -30.0% -28.0% -26.0% -24.0% -22.0% -20.0% -18.0% -16.0% -14.0% -12.0% -10.0% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% -100.0 0.0 100.0 200.0 300.0 400.0 500.0 1Q12 2Q12 3Q12 4Q12 1Q13
  26. 26. Highlights J B S U S A P O R K Source: JBS Performance by Business Unit 9% % Net Revenue JBS S.A.  Net revenue in the pork business for the quarter totaled $842.0 million, a decrease of 1.6% year on year. This result is due to the decline in export volume compared to 1Q12. In comparison to 4Q12, net revenue decreased 11.9% due to the seasonality of the period. EBITDA totaled $46.8 million in 1Q13, a decrease of 16.1% compared to 1Q12, with EBITDA margin at 5.6%. The decline in EBITDA was due to the decreased exports and supply and demand imbalance domestically during the first quarter of 2013. In comparison to 4Q12, there was an increase of 9.6%. Net Revenue ($ million) EBITDA ($ million) EBITDA Margin (%) -1.6% 855.4 844.0 846.1 955.5 842.0 100.0 180.0 260.0 340.0 420.0 500.0 580.0 660.0 740.0 820.0 900.0 980.0 1060.0 1140.0 1220.0 1300.0 1Q12 2Q12 3Q12 4Q12 1Q13 55.8 49.2 40.4 42.7 46.8 6.5% 5.8% 4.8% 4.5% 5.6% -23.0% -19.0% -15.0% -11.0% -7.0% -3.0% 1.0% 5.0% 9.0% 13.0% 0.0 100.0 200.0 1Q12 2Q12 3Q12 4Q12 1Q13
  27. 27. Highlights J B S U S A P O U LT RY ( P I L G R I M ’ S P R I D E ) Source: JBS Performance by Business Unit 21% % Net Revenue JBS S.A.  Net revenue in the quarter for this business unit was $2,036.9 million, 7.8% higher than the same period in 2012, due to the increase in prices of 8.3% and 15.8% in the U.S. and in Mexico, respectively. The total volume sold decreased 1.4% in the period. Adjusted EBITDA in 1Q13 was $117.7 million, 13.2% above 1Q12. This EBITDA improvement was possible thanks to the rising prices of chicken cuts which more than offset an increase of $141.0 million in grain costs in the period. In addition, the improvement in General and Administrative (G&A) expenses - reduction of 2.8% over 4Q12, contributed to strengthen results.  The change in sales mix, productivity gains and the reduction in operating costs were essential to optimize the result for the period. Net Revenue ($ billion) EBITDA ($ million) EBITDA Margin (%) 7.8% 1.9 2.0 2.1 2.2 2.0 1Q12 2Q12 3Q12 4Q12 1Q13 104.0 125.7 105.6 67.4 117.7 5.5% 6.4% 5.1% 3.1% 5.8% -20.0% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% 0 100 200 300 400 500 1Q12 2Q12 3Q12 4Q12 1Q13
  28. 28. Consolidated Exports Source: JBS China, Hong Kong and Vietnan 18.4% Mexico 14.2% Japan 8.2% Africa and Middle East 7.9% Venezuela 7.0%Russia 5.7% South Korea 5.3% E.U. 5.2% Canada 3.4% Chile 3.0% Taiwan 1.8% Others 19.9% 1Q13 $2,607.6 million Approximately $2.6 billion, an increase of 27.8% in relation to 1Q12 D I S T R I B U T I O N I N Q 1 2 0 1 3
  29. 29. Animal Welfare S E T T I N G T H E S T A N D A R D  Dedicated to ensuring the humane treatment, handling and slaughter of animals at all times.  Animal welfare is in the framework of our culture.  We continually strive to improve our animal welfare efforts through the use of new technologies and the implementation of standards that meet and exceed regulatory requirements.  As the largest food protein company in the world, we have the ability to make a positive impact on the lives of many animals and we do this every day.
  30. 30. SustainabilityCULTURE • Our responsibility to be a good corporate citizen is an essential part of our mission. • We must contribute to social and economic development beyond the direct impacts of our business. VALUE • Our responsibility to produce positive financial results for investors, shareholders & employees. • Successful financial performance provides the opportunity to improve employee quality of life & enhance environmental stewardship. STEWARDSHIP • Our responsibility to sustainably manage our natural resources, mitigate our environmental footprint and ethically source raw materials. • Serve as stewards of the finite natural resources critical to our success. CULTURE | VALUE | STEWARDSHIP
  31. 31. L O O K I N G T O T H E F U T U R E Sustainable Growth Adequate the Capital Structure Debt to finance Working Capital  Equity to finance growth Constructing a global meat production platform Geographic diversification in regions with low production costs Protein diversification Access to all consumer markets Leadership in countries with production surplus Integration of the operations and focus on cash generation Reduction of Operating Costs Reduction of Working Capital Needs Capture of Synergies Reduction of Cost of Debt Benchmark between production platforms Economies of Scale Global Distribution Platform And Value Added Products Increase in the portfolio with high value added products Recognition and leadership in brand and quality Direct service to retail and foodservice Higher margins and cash generation Investments in Marketing, Research and Development. Building Global Brands Long Term 2008 to 2009 2010 to 2012 2005 to 2007 Adequate Capital Structure and Qualified Management to Promote Growth
  32. 32. Food Safety O U R F I R S T P R I O R I T Y Beef  SAFE Program (Slaughter Actions for Excellence) for strong dressing procedures  Harvest Monitoring and Microbiological programs Pork  Pork IQ extensive & robust pig supplier qualification program  All producers Pork Quality Assurance + (PQA+) compliant Poultry  Monitor every phase of production – from hatchery to plant  Food safety culture focused on prevention, not reaction  Robust intervention systems that meet/exceed regulatory requirements  Effective, extensive training of employees; performance monitoring  Multiple Hurdle Interventions –  Hazard Analysis and Critical Control Points (HACCP)  Sanitation Standard Operating Procedures (SSOP)  Standard Operating Procedures (SOP)
  33. 33. Processor of the Year NATIONAL PROVISIONER MAGAZINE JBS USA invested significant capital to upgrade its acquisitions, and today it goes the extra mile to incorporate state-of-the- art, industry-leading processes And strategies, making a statement that it is in the U.S. protein market for the long haul. “ “ -- National Provisioner Magazine ANDRE NOGUEIRA WESLEY BATISTA BILL RUPP MIKE THOREN MARTY DOOLEY BILL LOVETTE
  34. 34. Seara Acquisition JBS NOW LARGEST CHICKEN PRODUCER JBS acquires Seara, to become the world’s largest chicken producer. JUNE2013
  35. 35. JBS Food Canada Inc. A C Q U S I T I O N JBS Acquires XL Foods and begins operating as JBS Food Canada Inc. in Brooks, Alberta. JANUARY 2013

×