SÃO PAULO – JBS S.A. announced on Nov. 6 that it acquired Brazil-based Frigorífico Marba Ltda.
The deal was made through JBS subsidiary Seara Alimentos and is subject to the approval of Brazilian administrative approval and antitrust regulations. Terms of the sale were not disclosed.
Marba, also located in São Paulo, is a leading manufacturer of cold meat and sausage in Brazil. According to information provided by JBS, the company has annual revenues around 350 million reals ($85.7 million).