Minerva to buy Uruguayan meatpacker from NH Foods

The deal is expected to close December 15h
calendar icon 22 November 2022
clock icon 1 minute read

Brazilian meatpacker Minerva SA is in advanced talks to buy Breeders & Packers Uruguay from Japan-based NH Foods Ltd, Reuters reported, citing the newspaper Valor Economico on Monday. The newspaper cited unnamed sources.

The deal is seen reaching $35 million to $45 million and is expected to be sealed by December 15, the report said. 

Minerva did not immediately respond to a request for comment.

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