Business Wire·Nov 9, 2026, 4:18 PM ET

JBS Enters Personal Care Market with Flora Acquisition

JBS N.V. acquired 100% of Flora, a Brazilian consumer products company owned by J&F Group, for US$542 million.
The transaction expands JBS's consumer products platform into the beauty, personal care, nutrition, health, & dietary supplement markets.
Flora generated R$2.9 billion (US$531 million) in net revenue for the twelve months ended September 2026 & employs over 4,200 people.
Flora's portfolio includes leading Brazilian brands such as Minuano, Francis, Neutrox, & OX, operating across five manufacturing facilities & seven distribution centers.
The deal leverages synergies between JBS's ingredient capabilities, including bovine collagen via Genu-in, & Flora's consumer distribution network.
Equity consideration of US$367 million will be paid entirely in JBS treasury Class A shares &/or BDRs, with the assumption of Flora's debt.
JBS expects the acquisition to have no impact on its net leverage ratio while preserving cash resources.
JBS simultaneously announced the acquisition of Brazilian agribusiness media company Canal Rural for US$11 million on a cash-free, debt-free basis.
Both transactions are expected to close in December 2026, subject to customary closing conditions.