---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-117580"
form_type: "8-K"
ticker: "JBS"
cik: "0001791942"
company_name: "JBS N.V."
filed_at: "2026-11-09T21:52:45+00:00"
generated_at: "2026-11-09T21:54:07.663123+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# JBS buys controller J&F's Flora for R$2.968B (US$542M), equity paid in Class A shares

## Summary
- Flora valued at US$542M with debt assumed; equity consideration of US$367M paid entirely in JBS treasury Class A shares and/or BDRs.
- Share count set at reference price R$66.82916, based on 30-session VWAP of US$12.20 and PTAX rate of R$5.4778 per US$1.00.
- Flora had R$2.9B (US$531M) net revenue for 12 months to Sept 2026; brands Minuano, Francis, Neutrox, OX; 5 plants, 7 DCs, 4,200 staff.
- Also acquiring agribusiness media firm Canal Rural from J&F: R$88.1M per the purchase agreement, though the release cites US$11M (R$61M).
- Related-party deals approved by an all-independent audit committee; expected to close December 2026; JBS sees no impact on net leverage.

## SEC filing metadata
- accession: 0001213900-26-117580
- form_type: 8-K
- ticker: JBS
- cik: 0001791942
- company_name: JBS N.V.
- filed_at: 2026-11-09T21:52:45+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1791942/000121390026117580/0001213900-26-117580-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1791942/000121390026117580/ea0311486-8k_jbs.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-117580
- JSON: https://secwatch.observer/filing/0001213900-26-117580.json
- Plain text: https://secwatch.observer/filing/0001213900-26-117580.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.