JBS puts Five Rivers Cattle Feeding LLC on sale block

GREELEY — JBS SA, the Brazil-based parent company of JBS USA in Greeley, said Tuesday it plans to sell its Greeley-based Five Rivers Cattle Feeding LLC as part of a $1.8 billion divestment plan to allow the company to reduce debt.

A potential buyer has not been named.

The company’s board of directors approved the sale of Five Rivers Cattle Feeding, as well as shareholding stakes in Brazilian dairy company Vigor Alimentos and Northern Ireland poultry business Moy Park. Earlier this month, the group announced that it was selling its subsidiaries in Argentina, Uruguay and Paraguay…