JBS USA, a leading global food company, announced it has reached an agreement to acquire certain assets from TriOak Foods, a Midwest-based pork producer, for an undisclosed amount. The two companies enjoy a long-standing business relationship, with JBS USA serving as the exclusive customer of TriOak market hogs since 2017. …
Brazilian meatpacker JBS SA is closing its U.S. plant-based foods business, Planterra Foods, after about two years, the company said on Monday. …
JBS S.A. communicates to its shareholders and to the market that Michael Koenig has been named the Company’s Chief Ethics and Compliance Officer. Since August 2021, Koenig served as the Head of Ethics and Compliance for Pilgrim’s. He previously spent nearly 25 years as an attorney defending companies, individual executives and public officials in criminal, civil and regulatory investigations, and trials. Koenig was also a federal prosecutor at the Department of Justice in Washington, D.C. …
JBS SA, the Brazilian parent of JBS USA, based in Greeley, has withdrawn its bid to acquire all outstanding shares of Pilgrim’s Pride Corp. (Nasdaq: PPC), the Greeley-based poultry-processing company. …
The National Cattlemen’s Beef Association (NCBA) said there were disturbed by the announcement. The group wants to know what has happened to the cattle industry’s demands for a federal investigation into the beef markets going back to 2019. …
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