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Jbs enters the cultured protein market
Will acquire a majority stake in BioTech Foods and build an R&D centre in Brazil
Jbs has announced plans to acquire a majority stake in BioTech Foods, and build an R&D centre in Brazil, for a total investment of $100m. The deal also includes an investment to build a new plant in Spain to increase the Group's production. The Spanish company, which has created a technology for the production of cultured meat, operates a pilot plant in San Sebastián and expects to reach commercial...
EFA News - European Food Agency