Friday, February 21, 2014

JBS acquires poultry processor Frinal

    JBS has added to its poultry operations with acquisition of Frinal. Details of the transaction have not been released.
    Frinal, which has a 40-year history in the poultry industry, is based in Garibaldi, Rio Grande do Sul, Brazil. Frinal employs about 1,270 people and processes 120,000 chickens per week, according to news reports. Its product line includes chilled and frozen chicken.
    The JBS purchase of Frinal marks the second change in ownership for Frinal in less than a year. In April 2013, businessman Erasmo Carlos Battistella purchased the company.
    The Frinal acquisition comes not long after JBS closed on the purchase of another Brazilian poultry processor. In September 2013, JBS purchased Seara Brasil, a poultry and pork processing company previously owned by Marfrig. JBS at the same time acquired Zenda, a leather company, from Marfrig.

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