JBS N. V. is a global protein company engaged in the production, processing, and distribution of beef, pork, poultry, fish, lamb, and egg products. The company operates across multiple continents with facilities in Brazil, the United States, Australia, Europe, and other regions. JBS N. V. supplies fresh, frozen, value-added, and branded protein products to retailers, foodservice providers, and industrial customers worldwide.

JBS N. V. generates revenue primarily through the sale of meat and protein-based products, including fresh and frozen cuts, processed meats, and value-added items such as sausages, bacon, nuggets, and ready-to-eat meals. The company also earns income from by-products like leather, collagen, and fat, as well as services such as cattle feeding and hog farming. Its customers include supermarkets, restaurant chains, food distributors, and food processors in over 190 countries.

The company operates through the following segments: Brazil, Seara, Beef North America, Pork USA, Pilgrim’s Pride, Australia, and Miscellaneous.

• Brazil: This segment includes slaughter facilities, cold storage, meat processing, and the production of cattle by-products such as leather and collagen. It generates revenue from the sale of fresh and frozen beef, as well as value-added products like hamburgers and sausages. The segment markets its products under brands including Friboi, 1953 Friboi, Black Friboi, and Maturatta.

• Seara: This segment focuses on chicken and pork processing, production, and commercialization of food and value-added products. It earns revenue from fresh and processed chicken and pork items, as well as ready-to-eat meals and frozen foods such as pizza and lasagna. Products are sold under brands such as Seara, Seara Gourmet, Massa Leve, Rezende, Delícia, Primor, Marba, Incrível, Hans, and Eder.

• Beef North America: This segment covers beef processing operations in the United States and Canada, including the production of value-added meat products and by-products for industries such as pet food and fertilizer. It also includes plant-based protein operations in Europe through Vivera Topholding BV. The segment markets products under brands like Swift, 1855, Grass Run Garm, Imperial American Wagyu Beef, and La Herencia.

• Pork USA: This segment involves pork processing and hog farming operations in the United States, including the production of fresh and value-added pork products such as bacon, sausage, and ham. It also sources hogs from company-owned farms and third-party suppliers. Products are sold under brands including Swift, Principe, Sampco, and Sunnyvalley.

• Pilgrim’s Pride: This segment includes the operations of Pilgrim’s Pride Corporation, focusing on fresh and prepared chicken products in the United States, Mexico, Puerto Rico, and Europe. It produces items such as breaded chicken, nuggets, patties, and deli products, as well as ready-to-cook and ready-to-eat meals. The segment markets under brands such as Pilgrim’s Pride, Just Bare, Gold’n Plump, and Gold Kist Farms.

• Australia: This segment covers fresh and value-added beef, lamb, pork, and fish products in Australia and New Zealand, along with processing facilities for these proteins. It also includes operations from acquisitions such as Rivalea and Huon Aquaculture Group. Products are sold under brands including Swift, Great Southern, Primo, Rivalea, and Beehive.

• Miscellaneous: This segment includes corporate expenses, international leather operations, and other activities not attributable to the main reporting segments. It generates limited revenue from activities such as hide tanning in countries including Argentina, Uruguay, Mexico, Germany, Vietnam, and Italy.

JBS N. V. is among the largest protein producers globally, ranking as the top beef and poultry producer by processing capacity and the second-largest pork producer. The company competes with major players such as Tyson Foods, Cargill, Smithfield Foods, and JBS’s regional rivals like Marfrig and Minerva in Brazil. Its competitive advantages stem from large-scale operations, vertical integration in key markets, a diversified global footprint, and a long-standing reputation for operational efficiency and product quality.

The company serves a broad customer base that includes national and regional retailers such as supermarket chains and independent grocers, wholesale distributors, food processors, and foodservice operators including restaurant chains, hotels, and institutional caterers. Specific customer relationships are not disclosed in the filing, but the company notes it supplies products to major retail and foodservice outlets across the Americas, Europe, Asia, and the Middle East.