Pilgrim’s Pride Forms Special Committee and Selects Advisors to Review JBS N.V. Proposal

The board of directors of Pilgrim’s Pride Corporation (NASDAQ: PPC) (“PPC”) has formed a special committee of independent and disinterested directors to review and evaluate the previously announced unsolicited proposal received on August 18, 2026, from JBS N.V. (NYSE: JBS, B3:JBSS32) (“JBS”) to acquire all of the outstanding shares of common stock of PPC that JBS does not currently own.

The special committee has selected Ropes & Gray LLP as legal counsel and Moelis & Company LLC as financial advisor to assist the special...

JBS USA Reaches Agreement with UFCW Local 7, Restores Normal Operations at Greeley Facility

JBS USA announced today [April 12, 2026] that it has reached a new collective bargaining agreement with UFCW Local 7, allowing the Greeley beef production facility to return to normal operations and providing team members with clarity and stability after weeks of uncertainty.

The agreement, which runs through April 2028, reflects the same economic framework JBS USA presented in its Last, Best and Final offer—an offer that remained unchanged economically throughout the bargaining process. While JBS USA...

Just Bare Surpasses $1 Billion in Annual Sales, Setting New Standards in the Chicken Category

Pilgrim’s Pride announced that its chicken brand, Just Bare, surpassed $1 billion in annual retail sales in 2025. The company’s 45% annual growth rate has made it the fastest-growing brand in its category. Once a niche offering, Just Bare has quickly evolved into a leading force in frozen and fresh chicken.

“Crossing the $1 billion threshold is a testament not only to the strength of the Just Bare brand, but also to the strategic investments our organization has made in innovation, operational excellence, and consumer-driven growth,” said Fabio Sandri, CEO of Pilgrim’s. “This milestone reflects our team’s commitment to building a modern, high-value prepared foods portfolio — and Just Bare is leading the way.”

Andrews Meat Industries Acquires Prime Cut Meats to Boost Turnover and Expand Distribution 

Andrews Meat Industries (AMI), part of the JBS Australia food group, has acquired Queensland-based foodservice wholesaler Prime Cut Meats (PCM). This strategic acquisition is expected to increase AMI's turnover to over $650 million in the coming financial year.

Both family-managed businesses, AMI and PCM, share a commitment to quality and service, making this partnership a natural fit. AMI CEO Peter Andrews expressed confidence that the acquisition will augment PCM's reputation and enhance distribution capabilities in Queensland...