Marfrig looks for scale in meat supply chain in post-pandemic recovery — Panjiva
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Supply Chain Research

Marfrig looks for scale in meat supply chain in post-pandemic recovery

Ags - Meat/Dairy 250 Brazil 394 Consumer Staples 760 Mergers 220

Brazilian meat packer Marfrig has acquired a 24.2% stake in its competitor BRF to achieve “complementarities with its sector of activity” it does not intend to “exert influence over the activities of BRF”. Economies of scale and scope matter in food supply chains, particularly in the wake of the pandemic. Brazilian meat exports climbed 9.4% year over year in Q1’21 though there was an uneven development across products. Shipments of pork jumped 32.5% year over year while chicken rose by just 3.7%. Marfrig exported 241,000 tons of meat in the 12 months to March 31 after growth of 28.2% ye...

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