Business
Meat giant JBS’ cyber woes lay bare a dangerous reality – Sydney Morning Herald
A cyber attack from a criminal network in Russia has thrown the spotlight on the rampant consolidation of the food industry and JBS’ growing global footprint.
A JBS beef plant in Colorado in the United States. Credit:Bloomberg
Big Aussie footprint
The Australian meat industry is undergoing similar consolidation as the US, JBS went on an acquisition spree in the past 15 years to become the countrys biggest player with a vast network of production facilities and feedlots and brands, including ham and small goods group Primo Foods, Tasman Group and Rockdale Beef. Other critical acquisitions included Australian Meat Holdings.
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