Moy Park: JBS buys NI-based poultry company

Moy Park, which has been owned by the Marfrig Group for the last seven years, has been sold to JBS

Northern Ireland's biggest private sector employer, Moy Park, has changed ownership in a deal worth £900m between two Brazilian firms.

Marfrig, which has owned the poultry firm since 2008, has sold it to another meat company, JBS.

Moy Park's headquarters are based in Craigavon, County Armagh, and it supplies chicken products to supermarkets across Europe.

It employs more than 8,000 staff in Dungannon, Ballymena and Craigavon.