JBS S.A.
Brazilian meat processing company / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Canal Rural?
Summarize this article for a 10 year old
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.[2] It was founded in 1953 in Anápolis, Goiás.
JBS | |
Company type | Sociedade Anônima |
B3: JBSS3 Ibovespa Component | |
Industry | Food processing |
Founded | 1953; 71 years ago (1953) |
Founder | José Batista Sobrinho |
Headquarters | , |
Area served | Worldwide |
Key people | Gilberto Tomazoni (CEO) Jeremiah O‘Callaghan (Chairman) |
Products | Food and beverages |
Revenue | US$ 65.0 billion (2021)[1] |
US$ 8.5 billion (2021)[1] | |
US$ 3.8 billion (2021)[1] | |
Total assets | US$ 38.4 billion (2021)[1] |
Total equity | US$ 8.18 billion (2021)[1] |
Number of employees | +270,000 (2021)[1] |
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.[3] J&F Investimentos is a 42% indirect shareholder in JBS S.A.,[4] which is listed on American stock markets as JBSAY.[5] 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.