JBS meat packing plant in Sao Paulo. Photo: Paulo Whitaker.
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The sale of Plumrose includes five prepared foods facilities located in Indiana, Iowa, Mississippi and Vermont and two distribution centres located in Indiana and Mississippi.
Plumrose’s annual net revenue is estimated at $500m. JBS paid $230m for the business.
Plumrose offers a variety of prepared foods and value-added products, including bacon, hams, sliced deli meats and cooked ribs, sold under well-known brands.
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Danish Crown is a global meat processing company and the world’s largest pork exporter.
JBS says the acquisition of Plumrose from Danish Crown is a continuation of the company’s strategy of expanding its portfolio of branded, high value-added prepared foods, and strengthens its customer base and geographical distribution in the United States.
The deal is not yet closed but JBS says it will keep the market informed regarding the development of the sale.
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The sale of Plumrose includes five prepared foods facilities located in Indiana, Iowa, Mississippi and Vermont and two distribution centres located in Indiana and Mississippi.
Plumrose’s annual net revenue is estimated at $500m. JBS paid $230m for the business.
Plumrose offers a variety of prepared foods and value-added products, including bacon, hams, sliced deli meats and cooked ribs, sold under well-known brands.
Danish Crown is a global meat processing company and the world’s largest pork exporter.
JBS says the acquisition of Plumrose from Danish Crown is a continuation of the company’s strategy of expanding its portfolio of branded, high value-added prepared foods, and strengthens its customer base and geographical distribution in the United States.
The deal is not yet closed but JBS says it will keep the market informed regarding the development of the sale.
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