Swaab works on deal to beef up JBS

Swaab Attor­neys has advised Andrew Meat Indus­tries on the pur­chase by JBS Aus­tralia of a major­i­ty share­hold­ing in the business.

The trans­ac­tion by the world’s largest ani­mal pro­tein pro­cess­ing busi­ness sees a new com­pa­ny being estab­lished, which will con­tin­ue to oper­ate under the name Andrews Meat Indus­tries Pty Ltd.

The pur­chase of major­i­ty shares in the Syd­ney-based, fam­i­ly owned and run busi­ness will allow JBS to take a new strate­gic direc­tion in high-growth retail and val­ue-adding seg­ments. Andrews Meat Indus­tries, which has sup­plied both the domes­tic and inter­na­tion­al mar­ket for over 40 years, sees the move as an oppor­tu­ni­ty to expand its qual­i­ty cus­tomer offering.

Swaab part­ner Alis­tair Jaque led the deal for Swaab. ​“We are real­ly pleased we were able to assist Andrews Meat Indus­tries on this high­ly strate­gic deal for them. It’s an excit­ing oppor­tu­ni­ty and has allowed them to plan suc­cess­ful­ly for the busi­ness’ future” said Jaque.