MINERVA FOODS COMPLETES TRANSACTION TO ACQUIRE MARFRIG SLAUGHTER AND DEBONING PLANTS IN BRAZIL, CHILE AND ARGENTINA
Minerva Foods has completed the acquisition of Marfrig assets in Brazil, Chile, and Argentina, following approval from Brazil's antitrust authority. The transaction includes 13 slaughter and deboning plants for cattle and sheep in Brazil, one cattle plant in Argentina, and a lamb plant in Chile, plus a distribution center. This expansion increases Minerva's daily slaughter capacity to 22,336 head in Brazil and 5,978 head in Argentina. The deal, valued at approximately R$7.5 billion, positions Minerva as the second-largest beef producer in South America and the leading beef supplier to China. Three additional plants in Uruguay are pending regulatory approval.
Minerva Foods ha completato l'acquisizione degli asset di Marfrig in Brasile, Cile e Argentina, a seguito dell'approvazione dell'autorità antitrust del Brasile. La transazione include 13 impianti di macellazione e disossatura per bovini e ovini in Brasile, un impianto per bovini in Argentina e un impianto per agnelli in Cile, oltre a un centro di distribuzione. Questa espansione aumenta la capacità di macellazione quotidiana di Minerva a 22.336 capi in Brasile e 5.978 capi in Argentina. L'affare, valutato circa R$7,5 miliardi, posiziona Minerva come il secondo produttore di carne bovina più grande in America del Sud e il principale fornitore di carne bovina per la Cina. Tre ulteriori impianti in Uruguay sono in attesa di approvazione normativa.
Minerva Foods ha completado la adquisición de los activos de Marfrig en Brasil, Chile y Argentina, tras la aprobación de la autoridad antimonopolio de Brasil. La transacción incluye 13 plantas de sacrificio y despiece de ganado bovino y ovino en Brasil, una planta de ganado en Argentina y una planta de corderos en Chile, además de un centro de distribución. Esta expansión aumenta la capacidad diaria de sacrificio de Minerva a 22,336 cabezas en Brasil y 5,978 cabezas en Argentina. El acuerdo, valorado en aproximadamente R$7,5 mil millones, coloca a Minerva como el segundo productor de carne de res más grande de América del Sur y el principal proveedor de carne de res para China. Tres plantas adicionales en Uruguay están pendientes de aprobación regulatoria.
미네르바 푸드가 브라질, 칠레, 아르헨티나에서 마르프리그 자산 인수 완료, 브라질 반독점 당국의 승인을 받았습니다. 이 거래에는 브라질의 소와 양을 위한 13개의 도축 및 정육 공장, 아르헨티나의 소 공장 1곳, 칠레의 양 공장, 그리고 물류 센터가 포함됩니다. 이번 확장으로 미네르바의 일일 도축 능력이 브라질에서 22,336두, 아르헨티나에서 5,978두로 증가했습니다. 약 R$7.5억의 가치를 가진 이번 거래는 미네르바를 남미에서 두 번째로 큰 쇠고기 생산자로, 중국에 대한 주요 쇠고기 공급자로 자리매김하게 합니다. 우루과이의 세 개 추가 공장은 규제 승인을 기다리고 있습니다.
Minerva Foods a finalisé l'acquisition des actifs de Marfrig au Brésil, au Chili et en Argentine, suite à l'approbation de l'autorité de la concurrence du Brésil. La transaction comprend 13 abattoirs et ateliers de désossage pour le bétail et les moutons au Brésil, une usine de bétail en Argentine et une usine d'agneaux au Chili, ainsi qu'un centre de distribution. Cette expansion augmente la capacité de découpe quotidienne de Minerva à 22 336 têtes au Brésil et 5 978 têtes en Argentine. L'accord, évalué à environ R$7,5 milliards, positionne Minerva comme le deuxième producteur de viande bovine en Amérique du Sud et le principal fournisseur de viande bovine pour la Chine. Trois autres usines en Uruguay sont en attente d'approbation réglementaire.
Minerva Foods hat die Übernahme von Marfrig Vermögenswerten in Brasilien, Chile und Argentinien abgeschlossen, nachdem die Wettbewerbsbehörde in Brasilien zugestimmt hat. Die Transaktion umfasst 13 Schlacht- und Zerlegeanlagen für Rinder und Schafe in Brasilien, eine Rinderanlage in Argentinien und eine Lamm-Anlage in Chile sowie ein Vertriebszentrum. Diese Expansion erhöht die tägliche Schlachtkapazität von Minerva auf 22.336 Tiere in Brasilien und 5.978 Tiere in Argentinien. Der Deal, der mit etwa R$7,5 Milliarden bewertet wird, positioniert Minerva als den zweitgrößten Rindfleischproduzenten in Südamerika und den führenden Rindfleischlieferanten für China. Drei weitere Anlagen in Uruguay stehen noch zur Genehmigung aus.
- Becomes second-largest beef producer in South America
- Increases daily slaughter capacity to 22,336 head in Brazil
- Expands market access to North America, Europe, Middle East, and Asia
- Becomes leading beef supplier to China
- Enhances operational and commercial synergies
- Significant capital investment of R$7.5 billion required
- Pending regulatory approval for Uruguay operations creates uncertainty
- Integration risks associated with multiple facilities across countries
With the closing of the transaction in the three countries, the company becomes the second-largest beef producer in
As of now, the company will have the capacity to slaughter 22,336 head a day in 21 plants in the Brazilian market. The company is also moving forward with the integration of 1 cattle slaughter and deboning plant in
This deal expands the company's access to international customers, giving it greater exposure to markets such as
The integration of the new plants also contributes to Minerva Foods being better positioned to meet the growing global demand for beef, through a platform marked by its efficient production from
This movement allows the Company to maximize its capacity in the global animal protein market, minimizing risks and enhancing opportunities, in addition to operating cattle production cycles more efficiently in different countries on the continent. The deal also strengthens Minerva Foods' position in the domestic market, as the company becomes the second largest beef producer in
According to Fernando Queiroz, CEO of Minerva Foods, the completion of this stage is an important step in the company's business strategy, complementing its operations in
The deal with Marfrig includes the acquisition of 3 cattle slaughtering and deboning plants in
*Exchange rate (08/28/23):
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SOURCE Minerva Foods
FAQ
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