It used Pilgrim’s Pride of Colorado to make the $952-million US purchase.
The deal gives Pilgrim's a significant value-added protein and prepared foods business with a portfolio of strong brands, the company said. Kerry Meats is a manufacturer of branded and private label meats, meat snacks and food-to-go products in the United Kingdom and Ireland.
Kerry Meals is an ethnic chilled and frozen meals business in the UK. Kerry has also launched branded meat-free products.
JBS’s biggest business in Canada is the former XL Beef plant at Brooks, Alta., Canada’s second-largest beef packer.
