Friday , October 22 2021

Paty hamburger sold for $ 60 million – 07/12/2018



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Brazil's BRF announced the sale of Quickfood in Argentina. Paty burger manufacturer and Vienissima sausages60 million dollars to Marfrig. In this way, he returned to the company he had purchased in 2007 and sold it to BRF five years later.

BRF, Brazil's largest food producer, is trying to dispose of US $ 800 million to reduce its debt and sells companies in the country and other markets.

The company received 14 offers for Argentinean assets and Eight candidates had been in the race.

The operation between BRF and Marfrig also envisions the transport of the equipment and facilities of the BRO plant in Várzea Grande, Brazil, in Mato Grosso. US $ 25.7 million (100 million reais). The sales contract includes a supply contract where Marfrig is committed to providing BRF with processed products, such as hamburgers and meatballs, for five years.

Quickfood leads the production of meat-derived foods in Argentina. The company operates three plants San Jorge, Baradero and Arroyo Seco have a cutting capacity of 620 head capacity per day and about 6,000 tonnes of hamburgers, sausages and frozen vegetables per month.

Marfrig Global Foods is located in San Pablo and was founded in 2000 by Marcos Molina, who has 35% stake. With the facilities in South America, the cutting capacity is 4.7 million heads per year. We have over 35,000 employees in America, Europe, Asia and Oceania and have been exporting to over 100 countries.

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