Minerva Foods Completes Acquisition of Marfrig Assets

Minerva Foods Finalises Acquisition of Marfrig Global Foods’ Key Assets

Minerva Foods has successfully completed its acquisition of several key assets from Marfrig Global Foods, solidifying its position as a major player in the meat processing industry. This acquisition, which was first announced earlier this year, has now received final regulatory approvals and marks a significant milestone in Minerva’s expansion strategy across South America and beyond.

The acquisition includes processing plants and distribution centres in various strategic locations, thereby strengthening Minerva’s presence in core markets such as Brazil, Argentina, and Uruguay. Fernando Galletti de Queiroz, CEO of Minerva Foods, described the acquisition as a pivotal step in the company’s long-term strategy. He stated, “By integrating Marfrig’s assets, we can enhance our supply capabilities, streamline our operations, and better serve our clients worldwide with premium products.”

Minerva, already a leading exporter of fresh meat across South America, expects the acquisition to bolster its export capabilities to high-demand markets in Asia, Europe, and the Middle East. The company also highlighted that the transaction aligns with its sustainability objectives, as the additional facilities will enable Minerva to implement environmentally friendly practices at scale, potentially reducing emissions and waste through improved logistical integration.

The acquisition is anticipated to positively impact Minerva’s revenue in the coming fiscal year, as the company leverages synergies across its expanded network of assets. Industry analysts view this move as a proactive approach to meeting increased global protein demands while addressing sustainability, a growing priority within the sector.

The Minerva-Marfrig deal is one of the latest in a series of mergers and acquisitions reshaping the meat processing industry. It underscores an era of consolidation and strategic partnerships as firms seek to streamline operations and fortify market positions amid shifting consumer trends and supply chain challenges.