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JBS completed the acquisition of Vivera for $408m.

Synopsis

JBS, a Brazilian meat processing company, completed the acquisition of Vivera, a plant-based food producer, for $408m. “This acquisition adds a lot of strategic value as Vivera is the Europe’s third-biggest plant-based food producer. The deal strengthens our position in the alternative meat segment, paving the way for our plans to be a big player,” Gilberto Tomazoni, JBS CEO.

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