Marfrig enters more expansion deals

Brazilian meat processor Marfrig has entered into a partnership with one of Brazil's largest wholesalers, the Martins Group.

The agreement creates a five-year partnership combining the logistics and distribution channels of both groups to give a better service to their retail customers - restaurants, butchers and supermarkets.

The agreement could be extended for another equal period.

This initiative aims to increase distribution and widening the reach of both Marfrig Group and Grupo Martins products, offering services and solutions to their retail customers and providing more comfort and convenience for all consumers regarding the product portfolio from both companies.

This partnership is in line with Marfrig's strategy to expand its operations in the retail and food service segments, expanding its geographical presence in Brazil, diversifying its portfolio with the goods sold by the Grupo Martins and by reaching new consumers with products from its beef, poultry, pork and lamb platforms operation in Brazil and abroad.

Marfrig has also reached an agreement with the meatpackers of the Margen Group and Mercosul SA to lease 11 meatpacking plants with combined slaughter capacity of 8,800 head of cattle a day and 1,700 tonnes of prepared products a month.

The leased units are in the Brazilian states of Goiás, Pará, Rondônia, Mato Grosso do Sul, Paraná and Rio Grande do Sul.

The transaction will expand the Company's cattle slaughter capacity to 22,350 head a day in Brazil and the total cattle slaughter capacity of Marfrig Alimentos SA to 30,150 head a day.