date:Jan 11, 2013
JBS Food Canada, Inc., a subsidiary of JBS USA, has agreed to acquire certain Canadian operations of XL Foods. The transaction is expected to be completed on Jan. 14.
JBS Food Canada will take ownership of the XL Lakeside beef processing plant in Brooks, Alta., as well as additional assets. The Brooks plant has the capacity to process 4,000 head of cattle per day and is one of the largest employers in southern Alberta. The transaction also includes a beef packing plant in Calgary, a feedlot in