JBS to acquire Empire Packing for $238M
GREELEY — JBS USA, the Greeley-based U.S. subsidiary of Brazilian food conglomerate JBS SA, has announced plans to acquire Empire Packing Co. for $238 million.
The deal, announced in a securities filing, includes Memphis, Tennessee-based Empire’s five processing facilities and retail products branded as Ledbetter. The processing facilities are located in Denver; Cincinnati and Mason, Ohio; Memphis; and Olympia, Washington.
“Today’s announcement highlights our ongoing commitment to diversifying our product offerings,” Andre Nogueira, CEO of JBS USA, said in the filing. “Empire is a longstanding respected family-owned company with strong leadership and quality assets in strategic locations across the U.S. that fit well in our business model.”
The deal is contingent on regulatory approval.
GREELEY — JBS USA, the Greeley-based U.S. subsidiary of Brazilian food conglomerate JBS SA, has announced plans to acquire Empire Packing Co. for $238 million.
The deal, announced in a securities filing, includes Memphis, Tennessee-based Empire’s five processing facilities and retail products branded as Ledbetter. The processing facilities are located in Denver; Cincinnati and Mason, Ohio; Memphis; and Olympia, Washington.
“Today’s announcement highlights our ongoing commitment to diversifying our product offerings,” Andre Nogueira, CEO of JBS USA, said in the filing. “Empire is a longstanding respected family-owned company with strong leadership and quality assets in strategic…
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