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.
Source: Fleischwirtschaft International