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Current Position:Home » News » Agri & Animal Products » Meat & Seafood » Topic

JBS Australia purchases majority stake in Andrews Meat Industries

Zoom in font  Zoom out font Published: 2014-07-10  Origin: foodmag
Core Tip: The Australian subsidiary of the largest animal protein processing company in the World, Brazilian- based JBS, has announced that it has purchased a majority shareholding in Andrews Meat Industries.
Andrews Meameatt, which is a family owned, Sydney based company has been supplying red meat to the foodservice industry for over 40 years, specialising in high quality portion cutting, and further processing of meats for both domestic and international customers.

Chief executive of JBS Australia, Brent Eastwood said that purchase sets in line with JBS’ plans to expand into both the high growth retail, and value adding segments, The Weekly Times reports.

“With Andrews customer penetration in the prepared meats, high value added category, JBS Australia will be in a strong position to expand its extensive range of branded lamb and beef product into higher value market segments,” Eastwood said.

 
 
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