Swift acquisition

JBS acquired U.S. meat processor Swift & Company in 2007. The transaction announcement described $225 million in cash for the shares held by two sellers and J&F’s assumption of about $1.2 billion in Swift debt, plus expenses. A later JBS filing reports the acquisition at approximately $1.5 billion overall.

JBS’s corporate history says José Batista Sobrinho began the business in Anápolis, Goiás, in 1953 with a small slaughterhouse. The company later grew through acquisitions. A 2026 company filing describes the 2007 Swift & Company acquisition as approximately $1.5 billion overall, while Swift’s transaction announcement described $225 million in cash for shares held by two sellers and J&F’s assumption of approximately $1.2 billion in Swift debt, plus expenses. The May 29, 2007 transaction announcement described an enterprise value of approximately $1.4 billion.

Related Reports

Sources and Records

  1. https://www.sec.gov/Archives/edgar/data/1199114/000095013407012518/d47138exv99w1.htm
  2. https://www.sec.gov/Archives/edgar/data/1791942/000121390026034213/ea0282342-20f_jbsnv.htm
  3. https://www.jbs.com.br/en/about/

AI generated report by Explorvia.com.