News and analysis for the global poultry industry.
Industry News & Trends / Mergers & Acquisitions / Latin America
on December 23, 2019

JBS to buy Bunge margarine business, finalizes Marba deal

Under Bunge deal, JBS would acquire three plants and three brands

JBS has entered into an agreement to acquire the margarine assets from Bunge Alimentos in Brazil.

The company, in a notice to the market, stated that it has made an offer to acquire those assets for a price of BRL700 million (US$172.3 million). The transaction, according to the notice, provides…

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