$542MStrategic acquisitionConsumer & Retail
JBS buys sister company Flora for $542M to enter personal care
JBS, the Amstelveen-based protein giant, announced the acquisition of 100% of Flora, a Brazilian consumer products company owned by J&F Group, JBS's controlling shareholder. The transaction is valued at US$542 million and expands JBS's value-added consumer products platform.
Why it matters: The deal marks JBS's entry into beauty and personal care and expands its household cleaning business.
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