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JBS Evaluating Acquisition of Brands from Conagra

03/14/2021

According to industry sources, JBS S.A. is in negotiation with Conagra Brands to acquire the Hebrew National, Egg Beaters, and Tennessee Pride product lines.  According to Gilberto Tomazoni, CEO of JBS, the company intends to grow through acquisition of recognized brands.  This policy motivated the purchase of Empire Packing Company and its portfolio for $238 million in February.