JBS to buy some BRF pork assets

by Meat&Poultry Staff
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SÁO PAULO, Brazil – JBS SA will pay 200 million reais ($100 million) to buy hogs and a processing facility from BRF SA, according to The Wall Street Journal.

JBS will buy 491,000 hogs at a price of 80 million reais ($40 million), and the Unidade Industrial Ana Rech processing plant and farm properties in Rio Grande do Sul for 120 million reais ($60 million). The facility has a processing capacity of roughly 3,500 hogs per day, according to the Journal report.
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