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JBS acquires BioTech Foods, constructs facility in Spain

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cultivated protein ingredients

JBS acquires BioTech Foods, constructs facility in Spain

November 22, 2021 by Cath Isabedra

In order to supplement and expand its cultivated protein portfolio, JBS Foods is completing acquisition of Spanish company BioTech Foods. It is also planning to build a new plant in Spain to ramp up production and Brazil’s first cultivated protein research and development (R&D) center, investing as much as $100 million in these projects. JBS will become the majority shareholder of BioTech Foods, combining each company’s strengths to accelerate the development of the cultivated protein … [Read more...] about JBS acquires BioTech Foods, constructs facility in Spain

Other Topics: acquisition, acquisition news, alternative protein, BioTech foods, Cultivated meat, cultivated protein, cultivated protein ingredients, Ingredients, JBS Foods

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