Brazil, JBS loses pieces: Moy Park and Five Rivers Cattle Feeding for sale

Moy Park, a leading Irish company with its 9,000 employees in poultry meat production, meets 25% of European demand alone. And then the Five Rivers Cattle Feeding, a US company with offices in Colorado, Kansas, Oklahoma, Texas, Arizona, and Idaho and housing capacity of 980,000 cattle. They are two of JBS’s embroidery pieces on the market. The Brazilian meat multinational in trouble for the Lava Jato scandal reveals further details of its sales plan of 1.5 to 2 billion euros. After selling subsidiaries in Paraguay, Uruguay and Brazil and announcing the sale of the Vigor-based agribusiness company The Batista brothers group, has been able to sell non-strategic assets for its business to meet the debt situation.


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