Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

Under the terms of a share purchase agreement, executed by JBS S.A. (“JBS”) and Marfrig Alimentos S.A. (“Marfrig”) on June 7 2013 (the “Agreement”), JBS is acquiring from Marfrig companies that comprise part of Marfrig’s group, specifically, the Seara Brazil business unit, as well as all the rights associated with such activities (including the assignment of agreements with third parties, trademarks and other intellectual property rights) (“Seara”). The Agreement also comprises the acquisition by JBS of a 100% shareholding in Columbus Netherlands B.V. (“Zenda”).

JBS is active in the food sector, including in particular in the production of fresh, chilled, processed, canned, and cooked beef, hides and other cattle parts. It exports beef products, among others, to the EEA, Russia, Latin America, Hong Kong and the Middle East. JBS also has limited activities in other meat products, including pork and poultry. JBS is listed on the São Paulo stock exchange.

Seara is active in the rearing of live chickens and pigs for slaughter and production of primary and processed chicken and pork products in Brazil. It exports primary chicken and certain processed chicken to Europe. Zenda produces leather for use in various sectors, including aircraft, automotive, furniture and shoes. It has plants and commercial offices globally in Argentina, Chile, Mexico, USA, Germany, South Africa and Uruguay.