Brazil’s Friboi Acquires Argentina’s Swift Armour

    Friboi, a leading Brazilian meatpacker, has acquired a majority participation in Swift Armour the largest beef exporter in Argentina.

    Sellers included JP Morgan Partners, Greenwich State Capital Partners and Mr. Carlos Oliva Funes, the controlling shareholder and Chief Executive Officer of the Company.  Mr. Oliva Funes will continue as CEO and will retain a minority shareholding position in Swift Armour S.A.


    By joining forces, both Friboi and Swift Armour will benefit from the regional integration of the Brazilian and Argentine beef industries.


    Rabobank International acted as exclusive financial advisor to Friboi in the transaction, which closed on September 5th. A leading financier to the Latin American food and agribusiness industry, Rabobank is a frequent advisor and agent on specialized financial transactions undertaken by clients in the agri-industrial sector. 


    Friboi – www.friboi.com.br

    Tags:

    • Show Comments (0)

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Ads

    You May Also Like

    An English woman tells her juicy time in Rio

    For this Englishwoman all the variety of juices in Rio was more than she ...

    Wake in Rio Grande do Sul

    Brazil Goes on Mourning and Arrests Owner of Nightclub Where Fire Killed 231

    The Brazilian police have arrested today one of the owners of the nightclub Kiss ...

    Cow milked in Brazil

    Brazil Will Keep Growing Agricultural Exports to Arabs in 2010

    The Middle East and North Africa are included in the action plans of Brazil’s ...

    Already Brazil’s Third Largest Trade Partner, China Wants More

    The Chinese government hopes that trade between Brazil and China will reach US$ 20 ...

    Brazils Petrobras in China

    Brazil: Self-Sufficient in Oil, Insufficient in Quality of Life

    At the same time as they are announcing Brazil’s achievement of oil self-sufficiency, the ...

    Brazil’s Globo: a Soap Opera Global Empire

    With every episode, another country falls in the web of appreciators of Brazilian audiovisual ...

    A big hole in Brazilian street

    Brazil Has Become a Land of Private Affluence and Public Penury

    Years ago, retired Brazilians who were poor began to count upon a rural pension ...

    Brazilian Shoe Stylist Does Work for Bebe and Guess

    The designer of feminine shoes Meline Moumdjian, owner of the brand of luxury shoes ...