Jollibee Divests C-Joy Poultry to Agrotex

​Jollibee Foods Corporation (JFC) will fully divest its interest in C-Joy Poultry Realty, Incorporated to Agrotex Commodities, Inc. while retaining its 30% stake in C-Joy Poultry Meats Production, Incorporated.

​On 26 May 2025, Jollibee Foods Corporation (JFC) executed a Share Purchase Agreement and Deed of Assignment to sell its shares in C-Joy Poultry Realty, Incorporated (the "Company") equivalent to thirty percent (30%) of the Company’s issued and outstanding shares to Agrotex Commodities, Inc. for a total price of P33,880,321.00.

The divestment is aligned with JFC’s strategic shift toward an asset-light business model, enabling greater capital efficiency and sharper focus on scalable, high-return investments.

The terms and conditions of the transaction:

Number of shares to be acquired or disposed: 113,250
Percentage to the total outstanding shares of the company subject of the transaction: 30%
Price per share: P299.16

C-Joy Poultry Realty, Incorporated owns the land on which the facilities of C-Joy Poultry Meats Production, Incorporated are situated.