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Deals

Brazil meatpacker JBS to buy Empire Packing Company facilities in the U.S.

FILE PHOTO: Employees work at the assembly line of jerked beef at a plant of JBS S.A, the world's largest beef producer, in Santana de Parnaiba, Brazil December 19, 2017. REUTERS/Paulo Whitaker

SAO PAULO (Reuters) - Brazil meatpacker JBS JBSS3.SA said in a securities filing Tuesday that it has agreed to acquire five case ready production facilities from Empire Packing Company, as well as the Ledbetter brand for $238 million.

The facilities are located in the United States and the transaction still requires regulatory approval.

Reporting by Marcelo Rochabrun

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