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JBS to acquire remaining shares of Pilgrim’s Pride

PRIVATEAug 20, 2026about 3 hours ago

Acquiring Company

JBS USA

Acquired Company

Pilgrim’s Pride

GreeleyFood and BeverageAgriculture and FarmingFood ProcessingFood and BeverageAgriculture and Farming

Description

JBS USA has made an unsolicited offer to buy out the remaining 18% shares of Pilgrim’s Pride not already owned. This move is aimed at making Pilgrim’s Pride a wholly owned subsidiary. A special committee will evaluate JBS's proposal for the acquisition, which offers approximately $28.50 per share. The outcome of this proposal remains uncertain.

Company Information

Company

JBS USA

About

JBS USA is a leading global food company specializing in the processing of beef, pork, and lamb. It operates a diverse portfolio and is committed to sustainable practices. With a presence in multiple countries, JBS USA serves customers worldwide. The company is a subsidiary of the Brazilian JBS S.A.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
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M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Pilgrim’s Pride?

Pilgrim’s Pride was acquired by JBS USA. The deal was reported on August 20, 2026. JBS USA is a leading global food company specializing in the processing of beef, pork, and lamb. It operates a diverse portfolio and is committed to sustainable practices. JBS USA is privately held and operates in Food and Beverage.

When did JBS USA acquire Pilgrim’s Pride?

JBS USA's acquisition of Pilgrim’s Pride was reported on August 20, 2026. JBS USA has made an unsolicited offer to buy out the remaining 18% shares of Pilgrim’s Pride not already owned. This move is aimed at making Pilgrim’s Pride a wholly owned subsidiary. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pilgrim’s Pride do?

Pilgrim’s Pride Corp. is one of the leading poultry producers in the United States. The company specializes in the production and sale of fresh, frozen, and cooked chicken products. It is privately held, operating in Food and Beverage, and is based in Greeley.

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