JBS completes acquisition of Rockdale Beef

by Bryan Salvage
Share This:
GREELEY, Colo. – JBS S.A. has completed the acquisition of Australia’s Rockdale Beef for approximately US$37.3 million. The deal is still subject to further adjustments based on the level of the working capital at completion.

Rockdale Beef, which has a processing capacity of approximately 200,000 cattle per year and a feedlot capacity of more than 53,000 cattle, will further enhance JBS’s Australian presence – particularly in Asia.

"As we look to gain efficiencies and serve our customers better, the addition of the Rockdale plant is a stride forward," said Wesley Batista, chief executive officer of JBS USA, parent of JBS Australia. "With the integrated feedlot and the good cattle producers in the region, we will be able to customize evermore our raw material supply and reach the highest quality standards required by our many customers, particularly those in Asia.”
Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.



The views expressed in the comments section of Meat and Poultry News do not reflect those of Meat and Poultry News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.