World's largest meat producer moving to Ireland

The world's largest meat producer, Brazilian food company JBS, is moving to Ireland - and shifting assets worth more than €30bn here.

The firm has annual sales of $45bn, it has filed with the Securities and Exchange Commission (SEC) in New York to move its parent company to Ireland.

Last year it spent €1.35bn acquiring Northern Irish poultry company Moy Park.

The new Irish-based entity will be floated on the New York stock exchange, according to The Irish Times.

More in this Section

UK agrees to further talks over disposal of old Shell oil rigsUK agrees to further talks over disposal of old Shell oil rigs

Belfast port workers don 5G headsets to live stream work to baseBelfast port workers don 5G headsets to live stream work to base

IDA Ireland: Era of optimism with growth evident in all sectorsIDA Ireland: Era of optimism with growth evident in all sectors

Global computer giant in recruitment mode Global computer giant in recruitment mode


Lifestyle

Mountaintop monasteries, vicious-looking vultures, and a seriously impressive cable car.As Ryanair launches flights to Armenia, here’s why it deserves to be your next holiday destination

Jools Holland and his Rhythm & Blues Orchestra played a storming gig at Cork Opera House, writes Des O'Driscoll Live Music Review: Jools Holland and his Rhythm & Blues Orchestra

Concerns about people’s ability to access their own money have been growing – here’s what the debate is all about.Are we actually going to end up as a cashless society?

Everything entertainment you need to look out forScene & Heard: Everything entertainment you need to look out for

More From The Irish Examiner