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Announced

JBS to acquire Adelle Indústria de Alimentos for $60m.

Financials

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Transaction Value£46m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

meat products

Single Bidder

Acquisition

Pending

Brazil

Food Products

Synopsis

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Brazil’s JBS, the world’s largest meatpacker, agreed to acquire local pork processor Adelle Indústria de Alimentos for BRL235m ($60m). The acquisition would boost JBS' capacity to produce items such as sausages and bacon. The conclusion of the transaction is subject to the approval of the Brazilian Antitrust Authority, amongst other usual conditions.

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