“This acquisition is fully aligned with JBS' strategy to grow our portfolio of prepared and value-added products, further expanding our company’s customer base and enhancing our premium pork product mix,” Wesley Batista, global CEO of JBS, said in a statement.
The acquisition nets JBS two pork processing facilities in Ottumwa, Iowa, and Beardstown, Ill.; five pork feed mills in London, Ark., Hedrick, Iowa, Centralia, Mo., Smithton, Mo., and Dalhart, Texas; and four hog farms in Morrilton, Ark., Umpire, Ark., Cameron, Okla. and Dalhart.
“Today’s announcement signifies a strengthening of our pork business through the combination of our established track record of adding value for our customer base and Cargill’s complementary specialty-product offerings, including bacon, antibiotic-free and sow housing production system options,” said Marty Dooley, president and COO of JBS USA Pork.