$JBS (JBS N.V.) — 8-K: JBS to acquire Flora for US$542 million, entering personal care market

JBS agreed to acquire 100% of Flora, a Brazilian consumer products company owned by controlling shareholder J&F Group, for US$542 million including assumed debt. Flora reported annual net revenue of R$2.9 billion (US$531 million) for the twelve months ended September 2026, with brands including Minuano, Francis, Neutrox, and OX. Equity consideration of US$367 million will be paid entirely in JBS treasury Class A shares and/or BDRs, and JBS expects no impact on its net leverage ratio. JBS also announced the acquisition of Canal Rural, a Brazilian agribusiness media company, for US$11 million (R$61 million) on a cash-free, debt-free basis. Both transactions are expected to close in December 2026.

JBS agreed to acquire 100% of Flora, a Brazilian consumer products company owned by controlling shareholder J&F Group, for US$542 million including assumed debt. Flora reported annual net revenue of R