Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Bolsa de Valores de Sao Paulo  >  JBS SA    JBSS3   BRJBSSACNOR8

JBS SA

(JBSS3)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

JBS : Brazil's JBS concludes deal to buy Bunge's margarine, mayonnaise business

11/30/2020 | 07:00pm EST

SAO PAULO (Reuters) - Brazilian food processor JBS SA said on Monday it concluded the acquisition of the margarine and mayonnaise businesses from Bunge's local unit, according to a securities filing.

The deal included purchase of three manufacturing facilities previously owned by Bunge that are located in the states of Santa Catarina, São Paulo and Pernambuco. Commodities trader and food processor Bunge agreed to sell its margarine and mayonnaise assets in Brazil to JBS's subsidiary Seara Alimentos in December of last year.

JBS said at the time Seara would pay Bunge 700 million reais ($131.24 million) for the assets.

The acquisition gave JBS rights over brands including Delícia, Primor and Gradina, strengthening the company's position in the margarine market in Brazil as well as its distribution capabilities, according to the filing.

JBS said the deal is expected to bring in 1.2 billion reais of additional annual revenues to the Seara division. The acquisition is in line with a strategy to expand the company's portfolio of higher added-value products and brands.

(Reporting by Ana Mano; Editing by Marguerita Choy and Sam Holmes)


© Reuters 2020
All news about JBS SA
01/21JBS : USA, Pilgrim's to Give $100 Bonus to U.S. Workers Who Receive Covid-19 Vac..
DJ
01/21U.S. meatpacker JBS offers $100 to employees who get COVID-19 vaccine
RE
01/21MINUTES OF THE BOARD OF DIRECTORS' M : 00 p.m.
PU
01/20Tyson Foods reaches more settlements in chicken price-fixing litigation
RE
01/15JBS : Comunicado ao Mercado - JBS ANUNCIA INTENÇÃO DE RESGATE DAS NOTAS 2025
PU
01/14JBS : Friboi renews partnership with the “Instituto Chefs Especiais”
PU
01/14JBS : hands over the project that revitalized the “Mini Center” of t..
PU
01/11Pilgrim's Pride, Tyson Foods settle some chicken price-fixing litigation
RE
01/05JBS : B3 confirms JBS in the Carbon Efficient Index
PU
01/04JBS : China suspends imports from Brazil pork plant over coronavirus concerns
RE
More news
Financials
Sales 2020 267 B 49 501 M 49 501 M
Net income 2020 3 039 M 564 M 564 M
Net Debt 2020 47 415 M 8 799 M 8 799 M
P/E ratio 2020 21,0x
Yield 2020 2,95%
Capitalization 63 328 M 11 719 M 11 751 M
EV / Sales 2020 0,42x
EV / Sales 2021 0,37x
Nbr of Employees 242 000
Free-Float 35,1%
Chart JBS SA
Duration : Period :
JBS SA Technical Analysis Chart | JBSS3 | BRJBSSACNOR8 | MarketScreener
Technical analysis trends JBS SA
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 13
Average target price 35,77 BRL
Last Close Price 24,14 BRL
Spread / Highest target 149%
Spread / Average Target 48,2%
Spread / Lowest Target 3,56%
EPS Revisions
Managers and Directors
NameTitle
Gilberto Tomazoni Chief Executive & Operating Officer
Jeremiah Alphonsus O'Callaghan Chairman
Guilherme Perboyre Cavalcanti Chief Financial Officer
José Batista Sobrinho Vice Chairman
Cledorvino Belini Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
JBS SA3.81%11 817
HENAN SHUANGHUI INVESTMENT & DEVELOPMENT CO.,LTD.7.26%26 232
HORMEL FOODS CORPORATION4.10%26 197
TYSON FOODS, INC.3.31%24 285
WH GROUP LIMITED0.00%12 304
JUEWEI FOOD CO., LTD.6.89%7 917