JBS Enters Personal Care Market with Flora Acquisition
Business Wire•09/11/2026•16:18 ET
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Key Highlights
- ➤Flora acquisition valued at US$542 million, marking JBS’s entry into personal care
- ➤Flora generated R$2.9 billion in net revenue for twelve months ended September 2026
- ➤JBS will pay US$367 million equity consideration entirely in Class A shares and/or BDRs
- ➤Canal Rural acquisition valued at US$11 million on a cash-free, debt-free basis
- ➤Both acquisitions are expected to close in December 2026, subject to customary conditions
US$542 million transaction expands the company’s consumer products platform and paves the way for growth opportunities in nutrition, health, and beauty
JBS N.V. (“JBS”) (NYSE: JBS; B3: JBSS32) announced today the acquisition of 100% of Flora, a Brazilian consumer products company owned by J&F Group, JBS’s controlling shareholder, in a transaction valued at US$542 million.
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