JBS NV says it has agreed to receive a $2.5 billion investment from Indonesia’s sovereign-wealth fund, Danantara. The companies will form a joint venture focused on the protein market, with plans to expand across Southeast Asia as well as Australia and New Zealand. JBS describes the venture as a way to pursue investment opportunities in protein production. The announcements across outlets describe the arrangement as a partnership intended to support JBS’s growth in the protein sector in multiple regions, leveraging Danantara’s capital and JBS’s position in meat and protein production. The reports do not provide further deal terms such as timelines, governance structure, or specific projects, but they consistently frame the transaction as a joint-venture investment centered on protein expansion. Both accounts attribute the transaction to JBS and Danantara, and both describe the investment size as $2.5 billion.
JBS to form $2.5 billion joint venture with Indonesia’s Danantara for protein expansion
JBS NV says it has agreed to receive a $2.5 billion investment from Indonesia’s sovereign-wealth fund, Danantara. The companies will form a joint venture focused on the protein market, with plans to e...
- JBS NV and Indonesia’s sovereign-wealth fund Danantara agree on a $2.5 billion investment.
- The investment is structured as a joint venture focused on the protein market.
- The venture targets expansion in Southeast Asia, Australia, and New Zealand.
- JBS says the joint venture aims to pursue protein production investment opportunities.
- No additional deal specifics (such as timelines or governance) are provided in the excerpts.
JBS has entered a joint venture with Indonesia’s sovereign-wealth fund to “pursue investment opportunities” in protein production. The post JBS forms meat joint venture with Indonesia’s sovereign-wealth fund appeared first on Just Food.
2 hours agoJBS NV said the Indonesian sovereign wealth fund Danantara agreed to invest $2.5 billion to form a joint-venture that will focus on the protein market in Southeast Asia, Australia and New Zealand.
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