BRF and Marfrig Merge Following Regulatory Approval

Deal News | Jun 09, 2025 | EIN

BRF and Marfrig Merge Following Regulatory Approval

The merger between Marfrig Global Foods and BRF, two of the world's leading food production companies, has received regulatory approval from Brazil's antitrust authority, CADE. The approval was given on June 4, allowing the merger to become effective within 15 days, should no objections or appeals arise. The merger will unify the two companies into a new entity, the MBRF Global Foods Company SA, which aims to strengthen global market presence, realize operational synergies, and create value for stakeholders. The companies' shareholders will convene on June 18 to finalize the merger. Marfrig, primarily a beef producer, has progressively increased its stake in BRF, known for poultry and pork production, and became the majority shareholder in December 2021. Both firms stand among the largest feed producers globally, underscoring the strategic value of their merger.

Sectors

  • Food and Agriculture
  • Regulatory Compliance

Geography

  • Brazil – Both Marfrig and BRF are prominent Brazilian companies, and the regulatory approval came from Brazil's antitrust authority.
  • Global – The merger impacts the global market as both companies have substantial international operations.

Industry

  • Food and Agriculture – The merger involves Marfrig and BRF, both of which are major players in the global meat and feed production industry.
  • Regulatory Compliance – The article discusses the regulatory approval process by CADE, indicating the relevance to the antitrust and competition sector.

Financials

    Participants

    NameRoleTypeDescription
    Marfrig Global FoodsBidding Company/BuyerCompanyMarfrig is a leading beef producer that has increased its ownership in BRF, leading to the merger.
    BRFTarget CompanyCompanyBRF is a major poultry and pork producer, involved in the merger with Marfrig.
    Administrative Council for Economic Defense (CADE)Regulatory AuthorityGovernmentCADE is Brazil's antitrust authority, responsible for approving the merger.
    MBRF Global Foods Company SANew EntityCompanyThe new entity formed from the merger of Marfrig and BRF.