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JBS USA Announces Closure of Plumrose USA Acquisition

GREELEY, Colo., May 02, 2017 (GLOBE NEWSWIRE) -- JBS USA previously announced on March 13, 2017, its agreement with Danish Crown A/S (“Danish Crown”) to acquire the company’s U.S.-based bacon, ham and deli meat business, Plumrose USA, in a $230 million (USD) transaction. The transaction, as described in the announcement, was completed on May 1, 2017.

About JBS USA

JBS USA is an indirect, wholly-owned subsidiary of JBS S.A., a leading animal protein processor. JBS USA is a leading processor of beef and pork in the U.S., a leading processor of beef in Canada and a leading processor of beef and lamb in Australia. JBS USA processes, prepares, packages and delivers fresh, further-processed and value-added beef and pork products for sale to customers in more than 100 countries on five continents. JBS USA is also a majority shareholder of Pilgrim's Pride Corporation, the second-largest poultry company in the U.S. For more information, visit www.jbssa.com.

Contact: Cheri Schneider Corporate Communications 970-506-7717

Source:JBS USA, LLC