Asia citracal chewablePacific: JBS acquires Australia’s Primo Smallgoods Group for US$1.25B

JBS has acquired the globnow calcium citrate capsal operations of Australimagnesium citrate for pregnancya’s Primo Smallgoods Group for A$ 1.45 bpure calcium magnesium citrateillion (US$1.25 billion) in an apowdered magnesium citratezinc citrate vitaminll-cash deal that is still subject to approval from local regulators.###The Primo Group was created in 1985 and leads the Australian and New Zealand marmanfaat pro milch glutathione zinc gluconatekets for processed products such as ham, sausages and bacelebrate calcium soft chewscon. It owns a numbpowdered magnesium citrateer of brands such as Primo Smallgoods, Hankirkland magnesium citrates, Beehive,citracal calcium d3 Hunter Valley Quality Meats and Primo Quality Meats.###The Primo Group has more than 4,000 employeescalcium citrate malate magnesium and vitamin d3 tablets andferrous gluconate take with milk fcitracal calcium costcoive production units, seven magnesium citrate in liquid formdistribution centers and zinc gluconate equal elemental zinc30 retail outlets.###The coweider calcium citratempany has forecast 2015 revenues (the July/14-June/15 fiscal year) of US$1.6 billion zinc gluconate is forand earnings before interest, taxes, depallergy research group magnesium citratereciation anatural factors zinc citratend amortization of US$150 mcalcium citrate with vitamin d and magnesiumillion.###JBS expects the transaction to provide about A$30food high in magnesium citrate million in synergies, which would rasolaray cal magise projected 2015 EBITDA to A$180 liquid calcium plus vitamin d3mferric pyrophosphate liposomalillicore magnesium citraton.###“In line with our glmagnesium citrate chewable tabletsobal strategy to increase exposure for high value added products and brands, the Primo amag malatecquisition, which involves the largest company in the sector with a number citracal supplement factsof leading brands, represents a major growth opportunity for our Australian business given the significant annual growth zinc citrate supplementrecorded bycalcium citrate eurho vital food products and the ability to drive Primo Group sales through the export market”, said Wesley Batista, JBS’ global CEO.

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