Brazilian meat company BRF S.A. has been acquired by Marfrig Global Foods S.A. in a merger approved by shareholders. BRF S.A. is a leading poultry and pork processor in Brazil. The deal aims to create a diversified meat company, combining BRF S.A.'s expertise in poultry and pork with Marfrig's experience in beef processing. The merger will strengthen the companies' presence in the Brazilian market and potentially expand globally.
Shareholders in Brazilian meat companies BRF (BRFS3.SA) and Marfrig (MRFG3.SA) have approved a proposed merger, bringing the companies one step closer to forming a global food giant. The deal, announced in May, involves Marfrig purchasing the remaining shares of BRF in a share-swap deal, creating a new entity called MBRF.
The merger, which still requires regulatory approvals, aims to combine BRF's expertise in poultry and pork processing with Marfrig's experience in beef processing. The new entity, MBRF, will have a strong presence in Brazil and potentially expand globally, leveraging the strengths of both companies.
The approval of the merger by shareholders represents a significant milestone. According to the joint securities filing, 71.4% of minority shareholders in BRF approved the terms of the deal, not including abstentions [3]. This high level of support indicates a strong backing for the deal's completion.
The merger also has implications for the Brazilian market and beyond. With the combination of BRF and Marfrig, the new entity will have a diversified product portfolio, including poultry, pork, and beef. This diversification could help the company navigate market fluctuations and expand its customer base.
The merger is part of a broader trend of consolidation in the global food industry. Companies are seeking to strengthen their positions by acquiring competitors or merging with complementary businesses. The deal between BRF and Marfrig is a notable example of this trend.
References:
[1] https://www.reuters.com/world/americas/marfrig-brf-shareholders-approve-merger-deal-2025-08-05/
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_L6N3TY0EQ:0-mergers-and-acquisitions/
[3] https://finance.yahoo.com/news/brazils-brf-minority-shareholders-back-005935125.html
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