Brazilian meatpacker JBS has agreed to buy a stake in Mantiqueira Alimentos, it said on Monday, marking the food giant's entry into the egg sector in a deal that valued Mantiqueira at 1.9 billion reais ($321 million).
The world's largest meatpacker, JBS, became in 2021 the first of its peers to commit to cutting or offsetting all its emissions by 2040, and to ending illegal deforestation across its long supply chain that starts in the heart of the Brazilian Amazon.
JBS S.A. (OTCQX:JBSAY) Q3 2024 Earnings Conference Call November 14, 2024 9:00 AM ET Company Participants Gilberto Tomazoni - Chief Executive Officer Guilherme Cavalcanti - Chief Financial Officer Wesley Batista Filho - Chief Executive Officer, JBS, USA Conference Call Participants Priya Ohri-Gupta - Barclays Ben Mayhew - BMO Carla Casella - JPMorgan Operator Good morning, and welcome to JBS S.A. and JBS USA Third Quarter of 2024 Results Conference Call.
Brazilian meatpacker JBS and Mexico's Sigma Alimentos are among those competing to acquire Oscar Mayer, the hot dogs and cold cuts business of packaged food giant Kraft Heinz , according to people familiar with the matter.
Lab-grown meat is not currently available in any U.S. grocery stores or restaurants. If some lawmakers have their way, it never will be.