MBRF: Fusion of BRF and Marfrig creates giant with recipe of R $ 160 billion and iconic brands

by Andrea
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With annual net revenue of about R $ 160 billion, 38% of the portfolio consisting of processed products, MBRF brings together iconic brands such as Sadia, Perdigão, Qualy, Bassi and Banvit, consolidating presence in 117 countries

Food companies and meat processors Marfrig and BRF announced on Monday (22) the conclusion of the merger of companies, creating MBRF, which.

With annual net revenue of about R $ 160 billion, 38% of the portfolio consisting of processed products, MBRF brings together iconic brands such as Sadia, Perdigão, Qualy, Bassi and Banvit, consolidating presence in 117 countries.

“Its mutipthens platform expands competitiveness, increases options for its customers and strengthens innovation capacity to meet consumer needs,” said the new company, which combines Marfrig beef assets with BRF chicken and pork meats.

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Miguel Gularte, CEO of BRF, was appointed MBRF’s executive, reporting to Chairman, Marcos Molina, founder of Marfrig and controller of the new company.

The New Company Executive Committee will be formed by eight vice presidents.

The vice presidency of finance, investor relations, management and technology will be in charge of José Ignacio Scoseria Rey.

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Fábio Mariano assumes the vice presidency of market Halal. Manoel Martins will be responsible for the vice presidency of Market Brazil and Marketing.

Leonardo Dall’Orto continues to lead the vice presidency of international market and suppy chain, and takes on business in Chile.

Alisson Navarro assumes the vice presidency of cattle, in addition to the business of Uruguay and Argentina. Heraldo Geres will be in charge of the Legal Vice President, Tax, Corporate Affairs and People.

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Artemio Listoni will be at the head of the vice presidency of industrial and logistics operations. Fabio Stumpf remains ahead of the vice presidency of agro and quality.

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