The acquisition includes five prepared foods facilities and two distribution centers.
JBS USA, Greeley, Colo., announced a definitive share purchase agreement with Danish Crown A/S, Denmark, to acquire Plumrose USA, a Downers Grove, Ill.-based bacon, ham and deli meat business, for $230 million.
“Today’s announcement is further demonstration of our commitment to disciplined growth through strategic acquisitions that further diversify our product portfolio, expand our branded offerings and strengthen our direct relationship with consumers,” says Andre Nogueira, chief executive officer of JBS. “Plumrose USA is a well-respected business with an outstanding professional team, a strong portfolio of branded, cooked and prepared foods and first-class, well-invested assets in strategic geographic locations that complement our current business structure. We are excited to welcome the more than 1,200 dedicated team members of Plumrose USA to JBS, and look forward to building on the legacy of high-quality products and outstanding service established by Danish Crown.”