Radar > 216999

US-based Pilgrim's plans new acquisitions in the United States and Latin America

La norteamericana Pilgrim´s planea nuevas adquisiciones en Estados Unidos y América Latina

A norte-americana Pilgrim's vai prospectar possíveis aquisições nos Estados Unidos e América Latina

Intel ID : 216999
Synopsis

After the offer to acquire Hillshire Brands made by Pilgrim's, held by Brazil-based JBS, the company plans new acquisitions. JBS is also looking at acquisitions in the United States, Brazil and Mercosur's neighboring countries.

Bill Lovette, CEO of Pilgrim´s, stated that the company will maintain its focus on operational excellency and will continue to look for new acquisition opportunities as its strategy.
(content in spanish)

Tras la oferta de compra para hacerse con Hillshire Brands, Pilgrim´s, controlada por la brasileña JBS, planea realizar nuevas adquisiciones. JBS también analiza posibles compras en regiones como Estados Unidos, Brasil y los países vecinos del Mercosur.

Bill Lovette, CEO de Pilgrim´s, en un comunicado ha afirmado que la empresa mantendrá el foco en la excelencia operacional al mismo tiempo que continuará buscando oportunidades de compra como política estratégica.
(content in portuguese)

Após ter retirado ontem sua oferta pela Hillshire Brands, a Pilgrim's Pride, controlada pela JBS, continuará a buscar oportunidades de aquisições. A JBS vai prospectar possíveis aquisições em regiões onde já atua, como os Estados Unidos, o Brasil e os vizinhos do Mercosul.

Bill Lovette, CEO da Pilgrim's, em comunicado afirmou que a empresa manterá o foco na excelência operacional, ao mesmo tempo que continuará buscando oportunidades de aquisição como política estratégica.

Bidder

Pilgrim's
United States

Ultimate Owner (Buyer)

JBS
Brazil

Intel ID 216999
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Industry / Food (Primary)
Natural Resources / Agriculture, Agribusiness, Farming and Fishing
Primary Sector (TTRSC)
55.01.07 Livestock Production
55 Raw Materials & Natural Resources / 55.01 Agriculture, Fishing & Hunting

Country
Website
Description

Ultimate Owner (Buyer)

Name
verified
Subsector (Old TTR Sectors)
Industry / Food (Primary)
Primary Sector (TTRSC)
15.07.08 Meat Products
15 Consumer Products & Services / 15.07 Food

Secondary Sectors (TTRSC)
15.07.09 Processed & Packaged Foods
15 Consumer Products & Services / 15.07 Food

55.06.01 Animal-Based Products
55 Raw Materials & Natural Resources / 55.06 Textiles, Fibers & Related Materials

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.