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STXNEWS LATAM-Brazil Minerva buys Uruguayan meet processor for $37 mln
March 19, 2014 / 10:46 AM / 4 years ago

STXNEWS LATAM-Brazil Minerva buys Uruguayan meet processor for $37 mln

Minerva Foods, Brazil’s third largest beef producer, said late on Tuesday it bought Uruguay’s meet processor Carrasco for $37 million in a deal still subject to regulatory approval.

Carrasco, whose sales revenues reached $140 million in 2013, operates a beef processing plant in Montevideo, Minerva said in a securities filing.

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