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World's leading meat processor JBS Foods files for a $500 million IPO

December 5, 2016
JBS

JBS Foods, which is the world's leading processor of beef, poultry, lamb and other meat proteins, filed on Monday with the SEC to raise up to $500 million in an initial public offering.

The Greeley, CO-based company was founded in 1953 and booked $51.4 billion in sales for the 12 months ended September 30, 2016. It plans to list on the NYSE under the symbol JBS. on the deal. No pricing terms were disclosed.