Commodities
Brazil Egg Producer Considers US Deal After Merger With JBS
- JBS acquired 50% of Mantiqueira, its first move into eggs
- US is the priority market for international expansion plan
This article is for subscribers only.
South America’s top egg producer, fresh off a sale of a 50% stake in the company to meat producer JBS SA, said it is weighing a merger or acquisition to enter the US market.
“No option is ruled out,” Márcio Utsch, chief executive officer of Mantiqueira Brasil, said in an interview. “It can happen through local production or partnerships with companies already operating in the market.”