Corporate Profile and History
Marfrig Global Foods S.A. is a Brazilian multinational Corporation operating in the food sector. With a diversified production platform on the Americas, Marfrig is the world’s 2nd largest beef producer, serving the most important and profitable consumer markets. The Corporation is domiciled in Brazil and headquartered in the city of São Paulo.
Its business model is formed by 22 primary processing units, 6 further processing units and 8 distribution centers, as well as sales offices in South America, North America and Asia.
With a workforce of more than 30,000 employees, the Company operates in the foodservice, retail and food processing segments offering innovative, safe and healthy solutions. It has a diversified and comprehensive portfolio of products that can be found in major restaurant and supermarket chains, reaching the tables of millions of consumers in some 100 countries. Its business model comprises operations located in two regions:
- North America: responsible for primary processing and deboning (primal and portioned cuts) of beef cattle from the United States. The products are sold internally through retail, wholesale and food service channels as well as exported to various markets. The business also includes the sale of ancillary/complementary products and sub products from the process, the tannery and logistics operations and direct online sales to consumers.
- South America: responsible for the primary processing and deboning (primal and portioned cuts) of beef cattle from Brazil, Uruguay and Argentina; and for the production of further processed products, such as canned meat, beef jerky, sauces, sachets and more. The products are sold internally through retail, wholesale and foodservice channels as well as exported to various markets. The business also includes sales of ancillary/complementary products and sub products from the process and the distribution and sale of products in Chile.
The Corporation is a publicly held corporation with its shares listed on the Novo Mercado listing segment of the B3 S.A. - Securities, Commodities and Futures Exchange (Brazilian Stock Exchange) under the stock symbol MRFG3.