Brazilian food group Marfrig has bought UK-based food importer and distributor CDB Meats for US$12m.
The purchase – through Marfrig’s UK subsidiary Weston Importers – also includes Ham Packers Ltd, a wholly-owned subsidiary of CDB, which operates a canning factory in Cornwall. CDB and Ham Packers have a combined turnover of around GBP30m (US$61m).
CDB supplies branded and own-label food products, including corned beef, canned ready meals and tuna, to the retail, foodservice and food manufacturing sectors, under brands such as Meteor, Concord, Caprice and Channel Maid.
The purchase of CDB follows Marfrig’s acquisition last month of Brazilian pork processor Carroll’s Food do Brasil for BRL42.3m (US$24.9m).
Marfrig said at the time that the acquisition of Carroll’s would help the company diversify its business throughout Brazil.

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