Minerva, the leader in beef exports in South America, released a Material Fact this Tuesday morning (31) in which it informs that it has acquired Breeders and Packers Uruguay (BPU Meat), a subsidiary of NH Foods Group, with an investment total of approximately US$40 million.
According to the statement, with the purchase of BPU, Minerva Foods becomes the leader in the production of beef in Uruguay, with a total slaughtering capacity of 3,700 heads/day, spread over four slaughterhouses: Pul, Carrasco, Cannelloni and now BPU.
Minerva informed that BPU Meat, located near the city of Durazno, Uruguay, is one of the most modern beef slaughterhouses in South America, with a slaughtering capacity of 1,200 head/day.
Currently, the refrigerating unit sends approximately 85% of its sales to the international market, especially to locations with high income capacity and demand for premium products, such as Europe, the United States, Japan, South Korea and China.
The transaction is subject to the fulfillment of customary conditions precedent, including approval by the competent competition authorities.
Source: CNN Brasil
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