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Brazil Firm Buys Chilean Abattoir Certified to Export to US, EU and China

Brazilian meat group Marfrig Marfrig, a leading Brazilian meat industry group, acquired an abattoir in Tierra del Fuego belonging to a group of cattle farmers from Magallanes Region, reports La Prensa Austral from Punta Arenas. The operation involved US$ 8.5 million. "It's a common commercial operation; markets are solid and with so many plants competition is healthy and balanced," said Mario Vega president of the Magallanes Cattle farmers Association, Asogama.

The Patagonia abattoir is located in Porvenir and had been purchased several years ago for US$ 2.5 million by a group of local farmers to the Chilean System of government companies, SEP.

The Marfrig group has a network of nine abattoirs in Brazil and has recently expanded to Argentina, Uruguay and Paraguay. The Patagonia abattoir has a slaughter capacity of 300.000 heads per year.

Vega said that farmers should not be concerned because a "new partner with other expectations and views, can only be positive for the region."

Vega recalled that the situation is completely different to a few years ago when there was an only abattoir, Simunovic. "Now we have Patagonia and very soon Agromar, another abattoir belonging to a local family is expected to open".

The Magallanes Region's abattoirs of Simunovic and Patagonia both are certified to export lamb and mutton to the European Union, China and United States.

Patagonia, originally Sacor was tendered by the Chilean government in 2003/04 with a short list of four groups interested in the purchase. Finally it was the group of local farmers, under the name of Lanas y Carnes de Patagonia S.A., which took control of the plant in four consecutive payments.

La Prensa Austral points out that there's some controversy as to whether the Navarino Bill which promotes businesses and investments in the extreme regions of Chile, through different financial support mechanisms, is applicable to the Patagonia plant under new owners.

Mercopress

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  • Show Comments (7)

  • Barrister Williams Afterman

    I am looking for the relatives of Mr Yusulf
    Ludwin & Associates.
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    Oxford OX1 4JD.

    Good day,

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    I am Barrister Williams Afterman, a solicitor at law.
    I am the personal attorney/sole executor to the late Mr. Yusulf Ahmed, hereinafter referred to as ‘my client’ who worked as an independent oil magnate in my

    country and who died in a plane crash with his immediate family here in England in February 1998.

    Since the death of my client death in 1998, I have written several letters to the embassy with intent to locate any of his extended relatives whom shall be

    claimants/beneficiaries of his abandoned personal estate, and other furtunes and all such efforts have been to no avail.

    More-so, I have received official letters in the last few weeks suggesting a likely proceeding for confiscation of his abandoned personal assets in line

    with existing laws by the bank in which my client deposited a notably high amount of money.

    On this note I decided to search for a credible family member of Mr Yusulf Ahmed that would come and claim he’s assets.

    feel free to contact me for more information on how to claim the properties of the deceased who is a very good man at my personal email address:nattorney

    williams@live.com so that i can direct you on how to proceed and put up an application to the bank that you are the next of kin.

    HOWEVER, you will have to accent to an express agreement which I will forward to you in order to bind us in this transaction.
    Upon the receipt of your reply, I will send you by fax or E-mail the next step to take. I will not fail to bring to your notice that this proposal is

    hitch-free and that you should not entertain any fears as the required arrangements have been made for the completion of this transfer.

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  • Londoner

    Your still here Swiss Wonder?? haha
    parece que voce gosta muito do brasil cara rsrs

    that’s right, in all the time it’s taken me to learn to speak portugues, you’ve still been here! haha crazy europeans! πŸ™‚

  • baba

    One more thing, Swiss wonder!!!
    Why is it doubtful for you the price tag of 8.5 million US$? Enrich us with your expertise and inside information!!! I’m waiting. Please give reference to support your theory including all the law firmÀ’€ℒs names involved in this transition. While at it please indicate your personal experience and qualifications in the field.

  • baba

    Wrong again Swisshit Swiss wonder!!!
    NO… It doesnÀ’€ℒt mean that the facility is fully equipped for a 300.000 Heads/Year either … It says the facility has the capability or capacity!!!
    I don’t have to review any copy from you or anybody else, because unlike you, I comprehend what I read.

  • ch.c.

    Bra…zilch…man
    It means it has all the machinery capacity for 300’000 heads annually even if the abattoir is not operating at 100 % capacity !

    STILL DOUBTFUL IT COSTS ONLY 8,5 million US$ !

    Please review your copy !

  • baba

    Dear stupid Swiss wonder,
    Stupid Swiss wonder …learn how to read and comprehend first… when they say that it has a “CAPACITY”, that means just that. They see a possible capacity of 300.000 heads/year. The article dosen’t says that they are slaughtering 300.000 heads at that facility. Had the À’€œCAPACITYÀ’€Â already been reached its limits, maybe Marfrig wouldnÀ’€ℒt be interested in purchasing it !!! Right, Swiss Einstein?

  • ch.c.

    doubtful……
    …that an abattoir worth US$ 8,5 millions has a production capacity of 300’000 cattle heads per year !

    Because if so why are Brazilians firms investing HUNDREDS of millions US$ YEARLY …in Brazil…to produce less than 10 times more than the US$ 8,5 million Patagonia abattoir capacity ?????

    Stinky……stinky……the Brazilians maths !!!!!!!

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