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JBS dives into aquaculture with Huon acquisition

06/08/2021

Tannery owner and meat processor JBS Group has moved into aquaculture with the purchase of Australia’s second-largest salmon farming company. The Brazilian giant has bought Huon, which has vertically integrated operations in Tasmania, for around AU$425million (£226 million). JBS CEO Gilberto Tomazoni said: “This is a strategic acquisition,...

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