M&A Deal Summary

JBS Acquires Cargill - US Pork Business

On July 1, 2015, JBS acquired food company Cargill - US Pork Business from Cargill for 1.5B USD

Acquisition Highlights
  • This is JBS’s 8th transaction in the Food sector.
  • This is JBS’s 3rd largest (disclosed) transaction.
  • This is JBS’s 4th transaction in the United States.

M&A Deal Summary
Date 2015-07-01
Target Cargill - US Pork Business
Sector Food
Buyer(s) JBS
Sellers(s) Cargill
Deal Type Divestiture
Deal Value 1.5B USD

Target

Cargill - US Pork Business

United States
Cargill's pork business is comprised of two meat processing plants, five feed mills, and four hog farms in Arkansas, Oklahoma and Texas.

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Buyer(S) 1

Buyer

JBS

São Paulo, Brazil

website

Category Company
Founded 1953
Sector Food
Employees250,000
Revenue 270.2B BRL (2020)
DESCRIPTION
JBS office in Greeley, Colorado.
JBS office in Greeley, Colorado.

JBS is a global producer and processor of beef, chicken and pork, and other meat products. JBS was established in 1953 and is based in São Paulo, Brazil.

DEAL STATS #
Overall 8 of 11
Sector (Food) 8 of 10
Type (Divestiture) 3 of 4
Country (United States) 4 of 5
Year (2015) 3 of 3
Size (of disclosed) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-22 Moy Park

Craigavon, United Kingdom

Moy Park Ltd. is a food company providing fresh, high quality, locally farmed poultry and complementary convenience food products and brands to customers and consumers. Moy Park Ltd. was founded in 1943 and is based in Craigavon, United Kingdom.

Buy $1.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-13 Plumrose USA

Downers Grove, Illinois, United States

Plumrose USA, Inc. is a provider of delicious, high quality, safe meat products throughout the United States.

Buy $230M

Seller(S) 1

SELLER

Cargill

Wayzata, Minnesota, United States

website

Category Company
Founded 1865
Sector Agriculture
Employees142,000
Revenue 136.6B USD (2012)
DESCRIPTION
Cargill's corporate headquarters in Wayzata, Minnesota.
Cargill's corporate headquarters in Wayzata, Minnesota.

Cargill is a global company involved in the food, agriculture, financial, and industrial sectors. Its operations include the trading, processing, and distribution of agricultural commodities; production of meat, poultry, and other food products for both retail and foodservice markets; and the provision of essential industrial products like salt and bio-industrial materials. Cargill was formed in 1865 and is based in Wayzata, Minnesota.

DEAL STATS #
Overall 10 of 22
Sector (Food) 3 of 7
Type (Divestiture) 7 of 18
Country (United States) 7 of 15
Year (2015) 1 of 2
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-28 OPX Biotechnologies

Boulder, Colorado, United States

OPX Biotechnologies, Inc. was a manufacturer and supplier of renewable bio-based chemicals and fuels.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-03 Archer Daniels Midland - Global Chocolate Business

United States

Archer Daniels Midland - Global Chocolate Business comprises chocolate producing business.

Buy $440M
Mergr

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