Marfrig and Bertin end talks to form Brazil Meatpacker

by Editor
Tuesday, August 18, 2009

The two Brazilian meatpackers Marfrig Alimentos S.A. and Bertin S.A. ended talks to form the largest beef processing operation in the country.

As Bloomberg reported, Bertin will instead focus on a 3 billion-real ($1.6 billion), five-year plan to almost double slaughtering capacity to 21,000 head a day from about 12,000 now. A merger was not currently being discussed, Bertin’s Executive Director Fernando Falco said. The company was focused mainly on organic growth.