Brandtree

Acquisition closed

JBS acquires Pilgrim's (2009)

JBS completed the acquisition of Pilgrim's on 28 December 2009 for $2.8 billion.[1]

JBS acquired a controlling stake in Pilgrim's Pride out of bankruptcy for about $2.8 billion, making the Brazilian group one of the largest poultry producers in the United States as well as the largest beef processor.

Deal facts

Announced
Closed
Value
$2.8 billion (enterprise value)
Buyer
JBS
Seller
Assets
Pilgrim's
Regulatory review
None recorded

Ownership changes recorded from this deal

OwnerOwnedRelationshipStakeFromTo
JBSPilgrim'sowns80%2009-12-28present

Who owns Pilgrim's today?

Sources (1) & corrections

Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.

  1. [1] JBS S.A. - company history and acquisitions — JBS S.A., Annual report, published 28 December 2009; retrieved 8 September 2026.

Report a correction Opens a pre-filled GitHub issue. See our corrections policy.