JBS S.A.
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| Sociedade Anônima | |
| Traded as | BM&F Bovespa: JBSS3 |
| Industry | Food processing |
| Founded | 1953 |
| Headquarters | São Paulo, Brazil |
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Area served
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Worldwide |
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Key people
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Joesley Mendonça Batista (Chairman and CEO) |
| Products | Food and beverages |
| Revenue |
 US$ 45.0 billion (2014)
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| Profit |
US$ 895.4 million (2014)
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Number of employees
|
200,000 |
| Parent | J&F Investimentos |
| Subsidiaries |
JBS USA Pilgrim's Corp JBS Foods Primo Smallgoods Moy Park |
| Website |
www www |
JBS S.A. is a Brazilian company that is the largest (by sales) meat processing company in the world, producing factory processed beef, chicken and pork, and also selling by-products from the processing of these meats. It is headquartered in São Paulo. It was founded in 1953 in Anapolis, Goias. The company has 150 industrial plants around the world.J&F Investimentos is the parent company of JBS S.A.
JBS was initially established as a slaughtering business by rancher Jose Batista Sobrinho, a rancher in Anápolis, Brazil, in 1953. (The company's name comes from the founder's initials.) Sobrinho's business began to expand when the establishment of Brazil's capital, Brasilia, brought a new market within reach of his ranch. Over the late 1960s Sobrinho expanded into owning slaughterhouses; then, in the 1980s, the company began expanding within Brazil and purchasing other meat processing companies. JBS became a publicly held company in 2007, and in the same year received a major investment from BNDES (Brazilian Development Bank).
In subsequent years, the company has grown to become the world's largest company in the beef sector with the acquisition of several stores and food companies in Brazil and the world, including the 2007 US$225m acquisition of U.S. firm Swift & Company, which was the third largest U.S. beef and pork processor, renamed as JBS USA. It leads the world in slaughter capacity, at 51.4 thousand head per day, and continues to focus on production operations, processing, and export plants, nationally and internationally.
With the new acquisition, JBS entered the pork market, featuring an impressive performance in this segment, to end the year as the third largest producer and processor of this type of meat in the United States. The acquisition expanded the company's portfolio to include rights to the worldwide use of the Swift brand.
The next year, JBS acquired Smithfield Foods' beef business. It was renamed JBS Packerland.
JBS's production structure is embedded in consumer markets worldwide, with plants installed in the world's four leading beef producing nations (Brazil, Argentina, United States, and Australia), serving 110 countries through exports.
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Wikipedia