JBS S.A.
JBS S.A. is a Brazilian company that is the largest meat processing enterprise in the world, producing factory processed beef, chicken, salmon, pork, and also selling by-products from the processing of these meats. It is headquartered in São Paulo. It was founded in 1953 in Anápolis, Goiás.
Trade name | JBS |
|---|---|
| Company type | Sociedade Anônima |
Traded as | B3: JBSS3 Ibovespa Component |
| Industry | Food processing |
| Founded | 1953 |
| Founder | José Batista Sobrinho |
| Headquarters | São Paulo , |
Area served | Worldwide |
Key people | Gilberto Tomazoni (CEO) Jeremiah O‘Callaghan (Chairman) |
| Products | Food and beverages |
| Revenue | US$ 65.0 billion (2021) |
| US$ 8.5 billion (2021) | |
Net income | US$ 3.8 billion (2021) |
| Total assets | US$ 38.4 billion (2021) |
| Total equity | US$ 8.18 billion (2021) |
Number of employees | +270,000 (2021) |
| Parent | J&F Investimentos |
| Subsidiaries | JBS USA Seara JBS Foods International BioTech Foods |
| Website | jbs.com.br |
As of 2023, the company had about 500 industrial plants and commercial representations in 24 countries, and its products reach consumers in 180 countries. J&F Investimentos is a 42% indirect shareholder in JBS S.A., which is listed on American stock markets as JBSAY. J&F Investimentos is wholly owned by Joesley Batista and Wesley Batista. The company has been regularly criticised for sourcing meat from farms that contribute to the destruction of the Amazon rainforest.