Minerva Foods announced the acquisition of Marfrig's cattle slaughtering and deboning plants in South America Sul for BRL 7.5 billion. The transaction is subject to analysis and approval by the respective competition authorities. With this transaction, Minerva Foods takes a step forward in its operations in the beef market: the company will expand its cattle slaughtering and deboning capacity to 42,439 head a day, compared to its current volume of 29,540 head a day, representing an increase, therefore, of approximately 44%.

Based on the sensitivity analysis carried out for the operation, the net revenue from the acquired plants added to the company's current net revenue will result in an amount in excess of BRL 50 billion. Other competitive advantages of the transaction include logistical synergies, opportunities to expand and improve distribution, and increased access to international customers, reinforcing the company's leadership in beef exports from South America. Eleven plants and one Distribution Center will be acquired in Brazil, one industrial unit in Argentina, and another three plants in Uruguay.

The deal also involves the purchase of one lamb plant in Chile, contributing to the protein diversification strategy, and operating in niche markets with high added value. In total, the company now has 40 cattle slaughter and deboning plants: 21 units in Brazil, five in Paraguay, six in Argentina, six in Uruguay, and two in Colombia. In the lamb segment, the company now has five plants and a total slaughtering and deboning capacity of 25,716 head a day, four plants in Australia and one plant in Chile, expanding its access to premium markets.

The movement also helps Minerva Foods better position itself to meet the growing global demand for beef, through the number one platform in terms of efficiency for this protein from South America.