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Brazilian headquartered JBS announced on November 6 that it is expanding its operations by acquiring a Brazilian value-added meat producer.
JBS has entered into an agreement to acquire São Paulo-based Marba, which produces a range of meats, including cold cuts, sausages and Italian-style ham, for an undisclosed sum. “This acquisition is in line with the Company’s strategy to increase the share of higher value-added and branded products in its portfolio”, said JBS in a statement. Other recent acquisitions and investments by the Company includes UK pork producer Tulip through its subsidiary Pilgrim’s Pride and the US$95 million expansion of its U.S. beef production facility located in Grand Island, Nebraska.