Brazil beef company Marfrig acquires Argentina's Mirab

by Editor
Thursday, January 03, 2008

Brazil's third-largest beef exporter, Marfrig Frigorificos e Comercio de Alimentos SA has acquired Argentina's Mirab SA.

The $36 million purchase was announced this week.

Buenos Aires-based Mirab is Argentina's leading manufacturer of meat snacks including beef jerky. Products are being exported to the U.S., Japan and the U.K.

With this acquisition a further Brazilian beef producer has stepped into the U.S. meat market.

Marfrig being one of the largest beef producers in the world produces and distributes fresh, frozen and processed beef products to customers in Brazil and abroad.