JBS to acquire XL Foods Alberta processing plant

JBS SA has announced plans to buy the XL Foods plant in Brooks, Alberta that was at the heart of one of Canada’s largest beef recalls. JBS Food Canada Inc., a unit of JBS USA, intends to buy the plant as well as other Canadian assets as of Jan. 14, reports Reuters. JBS has managed the Alberta plant since it resumed operations following a shutdown as a result of the recall.

XL Foods is privately owned by Nilsson Bros. JBS said that it is awaiting a review from U.S. authorities before exercising an option to buy XL Foods’ U.S. operations, mainly a beef processing facility in Omaha, Neb.

Source: Reuters

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