Brazilian food group Marfrig has agreed to buy local pork processor Carroll’s Food do Brasil in a deal worth BRL42.3m (US$24.9m).
Marfrig, one of the Brazil’s top beef exporters, said the acquisition would help the company diversify its business throughout Brazil.
Carroll’s, a mid-sized pork processor, has a feed plant in Mato Gross state and two ranches located in the cities of Petrovina and Diamantino.
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