Dungannon meat company Dunbia could be sold to Moy Park
The Dungannon company did not wish to make a comment on the potential deal.
However, in a statement issued last month, Dunbia confirmed the business was “considering options for maximising the potential of the company going forward” after having “received several serious expressions of interest from would-be investors over the past two years”. It added that it had enjoyed “consistent growth over the past number of years and has ambitious plans to grow and expand the business”.
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Hide AdEconomist John Simpson said the potential sale to JBS could see Dunbia begin a rapid growth.
“In terms of the big companies in the meat industry, they were an obvious candidate,” he said.
“On the basis that they will become part of a bigger firm, that could take Dunbia into expansion territory. The danger is there is an issue of Northern Ireland expanding its business and profit, but not necessarily its innovation.”