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JBS SA ( (JBSAY) ) has issued an announcement.
In January 2025, JBS S.A. announced its strategic entry into the egg sector by investing in Mantiqueira Alimentos Ltda. The agreement involves JBS acquiring 48.5% of Mantiqueira’s total capital stock and 50% of its voting shares, valuing the company at R$1.9 billion. Mantiqueira is a significant player in the egg industry, with a focus on free-range and organic eggs, and an extensive market presence across Brazil and internationally. This move allows JBS to expand its protein portfolio and reinforce its market position, contingent on regulatory approvals.
More about JBS SA
JBS S.A. is a global leader in the food industry, primarily dealing in beef, chicken, pork, aquaculture, and alternative proteins like plant-based and cultivated options. The company leverages a diversified geographic and protein platform to sustain growth and deliver solid results.
YTD Price Performance: -3.79%
Average Trading Volume: 64,849
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $12.62B
For a thorough assessment of JBSAY stock, go to TipRanks’ Stock Analysis page.
