Brazilian meat processor JBS SA said on Wednesday it plans to buy the Western Canadian plant that last year produced beef that was tainted with E.coli bacteria, leading to one of Canada's largest ever meat recalls.
JBS Food Canada Inc intends to buy the XL Foods plant at Brooks, Alberta as well as other Canadian assets as of Jan. 14. JBS Food Canada is a unit of JBS USA, a subsidiary of Brazil's JBS. Terms of the sale were not released.
JBS said it is awaiting a review from U.S. authorities before exercising an option to buy XL's U.S. operations, mainly a beef processing facility in Omaha, Nebraska.
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