JBS to bid for Indepencia slaughter plants

by Meat&Poultry Staff
Share This:

SÃO PAULO, Brazil – JBS SA is considering buying two of three slaughter plants owned by Indepencia SA, a Brazilian meatpacker under bankruptcy protection, according to a report from Bloomberg News.

JBS is considering an offer of R269 million ($142 million), Bloomberg said. Indepencia has been under bankruptcy protection since February 2009. The company’s reported debt is R1.5 billion. The company is trying to sell three slaughterhouses, one tannery, some land and warehouses since May 2011, Bloomberg said.

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.