date:Nov 25, 2014
JBS has acquired the global operations of Australias Primo Smallgoods Group for $1.25 billion. JBS Australia acquired the group in an all-cash deal that is still subject to approval from local regulators. The Primo Group was created in 1985 and leads the Australian and New Zealand markets for processed products such as ham, sausages, and bacon. It owns a number of well-known brands such as Primo Smallgoods, Hans, Beehive, Hunter Valley Quality Meats, and Primo Quality Meats. The Primo Group has