Australia

JBS SA has acquired Australian ham and bacon company Primo Smallgoods Group for US$1.25 billion

JBS buy sees it expand Australian presence

By Oli Haenlein

Processing giant JBS SA has acquired Australian ham and bacon company Primo Smallgoods Group for US$1.25 billion, through its subsidiary JBS Australia.

Australian marketers are looking to target the significant proportion of Americans who rarely eat lamb

Australia points to growing importance of US for beef and lamb exports

By Poorna Rodrigo

The USA is a key market for Australian beef and lamb exports and its importance is growing: Australia’s beef exports by volume to America shot up by 53% in the first half of 2014, [calendar year] compared with the same period in 2013, making America its...

Australia's Federal Treasurer Joe Hockey said the acquisition is not in the interest of the country at this time

Australia blocks ADM’s GrainCorp takeover

By Kacey Culliney

Australia has blocked Archer Daniel Midland’s (ADM) A$3.4bn ($3.09bn) takeover of GrainCorp, claiming it would not be in the interest of the country.

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