USA – Brazilian meat giant JBS has completed the acquisition of select assets from TriOak Foods, a prominent US-based pork supplier.
The undisclosed transaction encompasses TriOak’s operations in Iowa and Illinois, which include three feed mills, four grain elevators, and sow operations.
Notably excluded from the deal are TriOak’s agricultural real estate assets in Iowa.
The acquisition marks a significant step for JBS USA, enhancing its capability to maintain a steady supply of premium pork for its production facilities in Ottumwa, Iowa, and Beardstown, Illinois.
Marty Dooley, President of JBS USA Pork, emphasized the strategic importance of the acquisition in meeting consumer demands and expanding the company’s portfolio of premium pork products, including those compliant with Proposition 12 standards.
“We are committed to ensuring consistent supply and enhancing operational efficiencies, ultimately delivering affordable, high-quality protein to American households,” stated Dooley in a press release.
The deal underscores the longstanding business relationship between JBS USA and TriOak Foods, where JBS USA has been the exclusive buyer of TriOak’s pigs for the past five years.
Randy Pflum, President and CEO of TriOak Foods, expressed confidence in the strengthened partnership, citing mutual benefits for both companies and their employees.
With this acquisition, JBS USA expands its existing network, which includes five pork production facilities spread across Illinois, Kentucky, Iowa, and Minnesota, as well as additional operations in Arkansas, Texas, and Missouri.
The move aligns with JBS’s broader strategy to secure supply chains and enhance operational synergy within the US market.
The acquisition of TriOak Foods assets comes on the heels of JBS’s decision earlier this year to withdraw from a bid to acquire full control of Pilgrim’s Pride, a major US-based poultry business in which JBS holds an 80% stake.
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