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

IndustryNewlat food, sales up in 2023

Consolidated net profit jump to Euro 15.5 million (+135.2%)

President Mastrolia on Princes: "Great work in the acquisition attempt, British group with a turnover of about 2 billion Euros. Although the transaction had interesting strategic potential, Newlat considered that the current UK market environment required more caution". more

IndustryMontenegro Group chooses Centric PLM to accelerate development and innovation

Historic food and alcoholic beverage company implements software coming out of Silicon Valley

Centric Software, the Product lifecycle management market leader, announce that Gruppo Montenegro, Italian food and spirits market leader, went live with their Centric Plm implementation in 3 months. They... more

IndustryOlive Ficacci's turnover soars: reached 34 million euros, + 50% on 2020

The USA is the second largest market after Italy. But those of Japan, China and the Middle East are also opening

The Castel Madama (Rome) company also enjoys an excellent positioning in countries where the olive is at home such as Spain, Greece and Portugal, as well as in Northern Europe, South Africa and South America, where Colombia counts as last market reached in the first quarter of 2024 more