Biggest leather manufacturer deal will complete this year
The proposed merger of JBS Couros and Grupo Viva is on course and should be complete before the end of 2026.
When the merger is finalised, the companies will form JBS Viva, which will be the biggest leather manufacturing group in the world. The new set-up will comprise more than 30 production sites around the world and approximately 11,000 employees.
Speaking to Leatherbiz at the APLF exhibition in Hong Kong, the chief executive of JBS Couros, Guilherme Motta said the deal, which is subject to regulatory approval, was progressing well. He added that it would definitely be in place this year.