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Paraguayan Authorities Approve Health Protocol for Beef Exports to U.S.
In a notice issued Monday, Minerva Foods announced that Servicio Nacional de Calidad y Salud Animal, from Paraguay, has approved a health protocol for Paraguayan beef exports to the United States.
Minerva Foods is South America's leading beef exporter and has four plants in Paraguay. Combined, those four facilities have a slaughter capacity of 8,000 head per day.
Only bureaucratic procedures remain before Paraguayan production units are certified and exports can be started, added the company. Once certified, these units will be added to assets in Brazil, Argentina, and Uruguay....
Minerva Foods' Acquisition of Marfrig's Plants to Expand its Capacity by About 44%
Minerva Food’s acquisition of most of Marfrig’s cattle slaughtering and deboning plants in South America will expand its capacity by about 44%, according to the company. Prior to the $1.54 billion deal, which was announced Monday, Minerva Foods could process 29,540 head of cattle per day.
After Brazilian meatpacker Marfrig sold 16 of its slaughtering plants to its rival Minerva, Minerva's cattle slaughtering and deboning capacity swelled to 42,439 head per day. This will result in an excess of Brazilian real (BRL) 50 billion to the company's current...
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