JBS’s subsidiaries acquire Hickman’s Egg Ranch and Prime Cut Meats in U.S. and Australia
Mantiqueira USA and Andrews Meat Industries, both linked to JBS, expand into new markets through acquisitions.
Hickman’s Egg Ranch and Prime Cut Meats provide entry into U.S. and Australian protein sectors.
WORLD – Mantiqueira USA (MTQ USA), a JBS subsidiary, recently announced that it has signed a binding agreement to acquire Hickman’s Egg Ranch, a major egg producer in the Mountain and West Coast regions of the United States.
Hickman’s Egg Ranch ranks among the top 20 egg companies in the country, and the acquisition marks MTQ USA’s entry into the North American egg market.
MTQ USA is operated as a joint venture between the Pinto Family, founders of Mantiqueira, and JBS NV (NYSE: JBS), one of the world’s largest food companies.
Leandro Pinto, founder of Mantiqueira, said the move aligns with the family’s goal of expanding into the United States while leveraging Hickman’s industry experience.
The transaction is expected to close by the end of 2025, subject to customary conditions, with Murilo Scarpa Pinto appointed as president of MTQ USA.
Murilo Scarpa Pinto added that combining Hickman’s legacy with MTQ USA’s global expertise provides a foundation to support customers and employees while pursuing growth opportunities.
JBS USA CEO Wesley Batista Filho described the acquisition as a strategic extension into a new protein category, highlighting potential synergies between MTQ USA and Hickman’s operations.
Batista Filho also noted that Hickman’s established reputation and experience create opportunities to enhance value for American customers.
Glenn Hickman, president and CEO of Hickman’s Egg Ranch, said the transition is expected to bring new prospects for staff, clients, and business partners.
JBS Australia Expands Foodservice Protein Capabilities
Andrews Meat Industries (AMI), a family-managed business under JBS Australia, has acquired Queensland-based foodservice wholesaler Prime Cut Meats (PCM) to broaden its protein offerings.
Peter Andrews, CEO of AMI, said the acquisition integrates PCM’s established service and quality with AMI’s operational capacity.
The expansion is projected to increase AMI’s turnover to more than US$650 million in the coming financial year.
PCM supplies premium meat products to restaurants, hotels, and caterers across Brisbane and Queensland and has grown steadily since its launch in 2007.
Laurie Marguglio, PCM manager, described joining AMI as a strategic step to extend the business’s reach and strengthen its service capabilities.
Brent Eastwood, CEO of JBS Australia, said the acquisition reflects the company’s commitment to supporting businesses focused on quality, service, and customer relationships.
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