Brazil’s Marfrig Moves to Cap Takeover of BRF, Combining as MBRF
May 27, 2025 | 1 min to read
Marfrig is advancing its takeover of BRF, a poultry and pork processor, aiming to consolidate its position against JBS in the Brazilian meat market. Currently holding over 50% of BRF, Marfrig plans to eventually list the combined entity's shares in the United States, paralleling JBS's anticipated New York listing. This strategic move reflects Marfrig's ongoing efforts to enhance its scale in a competitive landscape of meatpacking firms.
SAO PAULO – Brazilian beef processor Marfrig (MRFG3.SA), opens new tab announced a plan to complete its takeover of poultry and pork processor BRF (BRFS3.SA), opens new tab, while teasing plans to eventually list shares of the combined entity in the United States.
The move caps a long-running strategy by Marfrig, which already owns just over 50% of BRF, gaining scale to compete with Brazilian meatpacking giant JBS (JBSS3.SA), opens new tab, which is nearing a move to list its shares in New York. All three firms are now listed in Sao Paulo.
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