Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Marfrig acquires a quarter of the Brf shares

An operation of approximately 800 million dollars

The Brazilian meat company Marfrig has acquired a minority stake of 24% of the local competitor Brf. The shares were purchased for approximately $ 800 million, as confirmed by Reuters. Marfrig explained that the acquisition is part of the plan to diversify its portfolio "into a segment that is complementary to the business sector in which it operates". The Brazilian beef producer also added that it...

hef - 19124
San-Paŭlo, San Paolo, Brasile, 05/27/2021 11:40
EFA News - European Food Agency

Similar

IndustryNestlé: Global Reorganization in Corporate Top Management

Leaner Executive Board and Mergers Within the Asia-Pacific and Americas Zones

All senior management will now report directly to CEO Laurent Freixe. more

IndustryNestlé: In Latin America it is among the companies where it is best to work

New CEO Freixe applauds the result and looks with interest at the potential of the Caribbean

Nestlé has been recognized as one of the best companies to work for in Latin America in 2024. Among more than 2,500 participating companies, the group secured ninth place in the prestigious Best Places... more

IndustryNewCold and Froneri join forces for new cold hub

Over 70 million euros of investments for the production plant close to Rome

A new cold hub, which aims to become the largest and most innovative automated logistics warehouse in Central and Southern Italy: the first stone of the new cold store of NewCold, an advanced food logistics... more

◄ Previous page