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View all search resultsMeat packer JBS to partner Danantara arm in joint venture
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The Wisma Danantara Indonesia building of Indonesian asset fund Danantara is pictured on Jl. Jenderal Sudirman in Central Jakarta on July 8, 2025. (Antara/Hafidz Mubarak A)
J
BS has agreed to form a joint venture with PT Danantara (DIM), an arm of Indonesia's sovereign wealth fund, to pursue investments in protein production across Indonesia, Southeastern Asia, Australia and New Zealand, it said on Friday.
The venture will include a US$2.5 billion investment from the Indonesian fund and hold JBS's existing Australia and New Zealand businesses, the Brazilian meatpacker said in a securities filing.
