JBS to acquire Australian pork producer Rivalea
Deal also includes the acquisition of Oxdale Dairy Enterprise, also based in Australia
JBS has signed an agreement to acquire 100% of Australian pork company Rivalea Holdings from QAF Limited, a Singapore-based food company.
Also included in the deal was the acquisition of 100% of Oxdale Dairy Enterprise, also from QAF. The transaction is valued at AU$175 million (US$135 million).
According to a…