{"id":57373,"date":"2017-06-06T17:46:00","date_gmt":"2017-06-06T19:46:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/minerva-buys-out-jbs-meat-companies\/"},"modified":"2019-06-30T12:47:03","modified_gmt":"2019-06-30T15:47:03","slug":"minerva-buys-out-jbs-meat-companies","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/minerva-buys-out-jbs-meat-companies\/","title":{"rendered":"Minerva buys out JBS meat companies"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; Brazil&rsquo;s Minerva Foods announced the buyout of nine meat companies from JBS Mercosul, including three units in Paraguay, one in Uruguay and five in Argentina, plus a meat processing unit and a distribution center in the latter country. Total investment was USD 300 million, to be rolled out via Minerva&rsquo;s subsidiaries in each of the countries involved. <\/p>\n<p>The new units will increase Minerva&rsquo;s slaughtering capacity by 50%, from 13,700 to 26,400 head of cattle per day. The move marks the company&rsquo;s entry into the Argentinian market. Besides Brazil, Uruguay, Peru and now Argentina, the company is also active in Colombia. <\/p>\n<p>Minerva said in a press release that the acquisitions are part of its plan &ldquo;to become the most diversified beef production platform in South America, which plays a prominent role in the global industry as the leading exporting region.&rdquo; <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nine units were acquired, including five in Argentina, three in Paraguay and one in Uruguay.  Total investment was USD 300 million.<\/p>\n","protected":false},"author":2316,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-57373","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Nine units were acquired, including five in Argentina, three in Paraguay and one in Uruguay.  Total investment was USD 300 million.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/57373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=57373"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/57373\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=57373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=57373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=57373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}