Batista Brothers to Buy Avibras, Brazil Missile Maker
J&F, the Batista family's holding, agreed to buy Avibras Aeroco, Brazil's missile maker, pending CADE approval. The deal would give them control of a key defence supplier. The post Batista Brothers to Buy Avibras, Brazil Missile Maker appeared first on The Rio Times .
The Batista brothers, Joesley and Wesley, are set to acquire Avibras, Brazil's missile maker, through their holding company J&F. The deal was announced on 21 August 2026 but awaits antitrust approval from Brazil's competition authority, CADE. J&F controls JBS, one of the world's largest meat companies, and is a major investor, using vehicles like Globe Investimentos for industrial investments.
Avibras designs and manufactures artillery, defense systems, rockets, missiles, and armored vehicles, and supplies the Brazilian Army. The company's ownership is currently under judicial recovery, similar to Chapter 11 in the United States, with the old entity still in the process while the new operating company holds the core assets.
The Batista brothers' purchase of Avibras would place the missile maker under family control, pending CADE's review and approval.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
