Unifiedpost : CV Els Degroote - MarketScreener marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Brazilian meat processor JBS is said to be vying to acquire Dutch plant-based business Vivera.
JBS is reportedly leading the charge to purchase Vivera and is in advanced talks with the firm, while other large consumer companies are also interested, according to sources with knowledge of the matter cited by
Bloomberg, which said valuations could put a price tag of EUR300m (US$359.4m) to EUR400m on the deal.
Vivera, founded in 1990 as Encko-Vivera, a traditional protein company with a presence in vegan and vegetarian products, went fully plant-based in 2019 when it sold the meat part of the business Encko to Dutch meat processor Van Loon Group. Vivera has a small presence in Brazil with a distribution agreement with meat giant BRF.
Brazil s JBS confirms deal for meat-free firm Vivera just-food.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from just-food.com Daily Mail and Mail on Sunday newspapers.