SAO PAULO (Reuters)-JBS () announced on Monday the entry into the egg segment with an investment to have 50% of the right to vote for Mantiqueira Alimentos, in a business that evaluates the entire company at 1.9 billion reais .
With the investment, JBS will have the shared control of Mantiqueira with the founding partner, Leandro Pinto.
Mantiqueira Alimentos has more than 3,000 employees, a static capacity of 17.5 million birds in posture and recreation, 4 billion eggs produced per year and a focus on producing free chickens since 2020, according to JBS. With productive facilities in six states, the company also exports to South America, Asia, Africa and the Middle East.
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JBS also pointed out that, in recent years, Mantiqueira has invested in strengthening its brands, such as “Happy Eggs” and “Toca Fazenda”.
“This agreement will represent JBS entry into the egg sector and reinforces its global platform diversified by geographies and proteins,” the company said in a relevant fact.
