JBS Australia becomes majority shareholder in Andrews Meat
by Bryan Salvage
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SAO PAULO, Brazil – JBS Australia, a division of Sao Paulo, Brazil-based JBS SA , has purchased a majority share of New South Wales-based Andrews Meat industries. This move will expand retail opportunities for JBS and supply for Andrews Meat, according to the company.
Family owned Andrews Meat operates beef production and distribution facilities in Lidcombe and Dulwich Hill in Sydney. It specializes in portion cutting and further processing of meats for domestic and international restaurant and foodservice customers. It also produces ready-cooked meals under its Creative Food Solutions brand. Products include beef, veal, pork, lamb and poultry and specialty products such as kangaroo, venison, and other game meats.
“The partnership with Andrews Meat is a natural fit, and expands JBS Australia into the high growth retail and value-adding segments,” said Brent Eastwood, JBS Australia CEO.
Thanks to this acquisition, JBS Australia will be in a good position to expand its branded products into higher-value market segments.
"This is an exciting time for our business and the relationship with JBS will enable Andrews Meat to expand its quality customer offering both domestically and internationally,” said Andrews Meat CEO Peter Andrews Jr. “JBS have the diverse product supply and processing platforms across Australia to supply and expand the range of red meat product to meet the opportunities we see with our growing base of high end Australian and international customers.”