Brazilian Regulators Clear Path for BRF-MarFrig Merger

Brazil’s Administrative Council for Economic Defense (CADE) has granted unconditional approval for the merger between BRF and Marfrig Global Foods, removing the final regulatory hurdle for the creation of a new global meat industry leader. The landmark decision, announced on September 5, triggered significant upward momentum for BRF shares as investors welcomed the news.

The newly formed entity, MBRF Global Foods, will combine BRF’s dominant position in poultry and pork processing with Marfrig’s substantial beef operations. This strategic consolidation is projected to generate approximately 805 million Brazilian reais ($151.6 million) in annual synergies while targeting combined revenues reaching 152 billion reais ($28.6 billion).

CADE’s comprehensive review concluded that the transaction “raises no competition concerns,” clearing the merger without restrictions. This... Read more...