on November 19, 2021
JBS to acquire cultivated meat company BioTech Foods
This the meat company’s first forward into lab-grown proteins.
JBS has signed an agreement to acquire BioTech Foods, a Spanish cultivated protein company.
The acquisition marks the company’s first foray into the cultivated meat market and includes a $41 million investment to construct a new plant in Spain to scale up production.
JBS will also implement the first…