JBS acquires European company to expand its global plant-based food platform

Purchase of Vivera, Europe’s third-largest plant-based protein producer for €341 million includes three manufacturing facilities and a research center in the Netherlands

21-Apr-2021 - JBS, the world’s largest protein company and second-largest food producer, has entered into an agreement to purchase Vivera, Europe’s third-largest plant-based food company, for an enterprise value of €341 million. Vivera develops and produces a broad range of innovative plant-based meat ...

For bribery: million fine for world's largest meat company JBS

The owners of "J&F Investimentos", Joesley and Wesley Batista, were arrested

19-Oct-2020 - The holding company "J&F Investimentos", to which the world's largest meat company JBS belongs, has been found guilty in a US court of having paid more than 150 million dollars in bribes to senior Brazilian government officials over ten years. As part of the settlement agreement with the US ...

Olam joins forces with roasters to protect Brazil’s coffee farmers during COVID-19

Over 5,000 Brazilians have received hygiene supplies to keep them safe during the busy coffee harvest season

16-Sep-2020 - When COVID-19 reached Brazil ahead of the coffee harvest season, the first thoughts of smallholder Ivone Corsi da Silva were of how she could keep supporting her family, including her pregnant daughter and several other children with pre-existing health problems, without putting them at ...

25 new slaughterhouses in Brazil approved for export to China

11-Sep-2019 - In the midst of the ongoing trade conflict between Washington and Beijing, Brazil could export more beef to China in the future. 25 more Brazilian slaughterhouses have been added to the list of meat exporters authorised for China, the Ministry of Agriculture in Brasília announced on Monday, ...

Hunger for steak and soy fired fires in the Amazon region

27-Aug-2019 - The images of the burning rainforest in Brazil cause consternation all over the world. Although the fires rage thousands of kilometres away from Germany, the catastrophe on the other side of the Atlantic also has to do with consumer behaviour in Europe. Above all, the ravenous appetite for juicy ...

Nestle invests the equivalent of over 240 million Swiss francs in South America

26-Aug-2019 - Over the next few years, Nestlé will invest one billion Brazilian real - the equivalent of a good CHF 240 million - in the Brazilian state of São Paulo. New production lines are to be set up at the Caçapava and Araçatuba plants. In addition, there would be investments in new technologies for ...

Marfrig issues sustainability bonds

05-Aug-2019 - Marfrig Global Foods, one of the world’s leading beef producers, today announced the issue of sustainable bonds in the international market. The US$500 million, 10-year offering, with coupon of 6.625%, is the longest and cheapest issue carried out by the company, and is being coordinated by ...

Lactalis announces its Acquisition of Itambè

Becoming Brazil´s largest player in the dairy industry

15-Jul-2019 - Lactalis do Brasil, a subsidiary of Groupe Lactalis, announces the closing of its acquisition of the Itambé cooperative. This acquisition makes Lactalis the largest player in Brazil’s dairy industry. Both companies together will generate revenues of € 1.5 billion, thus becoming the Group’s ...

BRF analyzes potential business combination with Marfrig

The new company would be an industry leader in Brazil, United States, Latin America, Middle East and Asia

06-Jun-2019 - BRF signed today a memorandum of understanding with Marfrig for the two companies to assess the possibility of combining their businesses. The companies will have a period of 90 days, which may be extended for an additional 30 days, to conduct more studies and determine the terms of a final ...

Brazil suspends beef exports to China due to 'mad cow' case

04-Jun-2019 - Brazil is suspending beef exports to China after confirming a case of "mad cow disease," describing it as an isolated instance with no evidence of any widespread outbreak.A spokesperson for Brazil's agriculture ministry said Monday the suspension of exports was implemented automatically after the ...