Announced
Completed
Financials
Sources
Tags
food products
Cross Border
Majority
Spain
Single Bidder
Acquisition
Food Products
Friendly
Private
Completed
Synopsis
JBS, a meat processing company, completed the acquisition of Biotech Foods, a cultivated meat producer based in Spain. Financial terms were not disclosed. JBS clearly recognizes that the future lies in alt meat. Aside from operating its plant-based brand Planterra, the meat giant has been steadily making moves into the sector.
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