Brazil’s JBS S.A. has, through its wholly owned subsidiary Swift Australia, reached an agreement with Vion food Group to acquire Tatiara Meat Company (TMC).”TMC is a high quality lamb processing business, servicing quality high end markets in the United States, Canada and Europe. It has a strong brand and quality product reputation both in the international and Australian domestic market,” JBS noted in a statement. 

JBS agreed to pay $30 million for Bordertown-based Tatiara – which currently reaps around $200 million in revenue each year.

As a result of the deal, Swift Australia will become the largest lamb processor in Australia – although the deal remains subject to approval by the Australian Competition and Consumer Commission.

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