Tag: Marcos Molina dos Santos

• Wednesday, October 26th 2011 - 02:27 UTC

  Marfrig plans massive restructure to reduce costs and trim debt

  

  Brazilian meat processor Marfrig will restructure multiple segments of the company between now and December in an effort to reduce costs and trim away at its current debt of BRL10.3 billion (5.8 billion dollars), the company's president said this week in an interview with Valor Economico newspaper, partly reproduced by Meat trade news Daily.

• Monday, September 19th 2011 - 14:17 UTC

  Brazil’s meatpacker Marfrig sells Keystone logistics arm for 400m dollars

  

  After a string of takeovers in recent years, Brazilian meatpacker Marfrig Alimentos SA said on Sunday it reached a deal to sell the logistics arm acquired when it bought US distributor Keystone Foods.

• Tuesday, August 16th 2011 - 06:30 UTC

  Takeovers’ glut and lack of cattle expose Brazilian leading meatpacker Marfrig

  

  Brazilian leading meatpacker Marfrig will not be considering takeovers until 2012, Chief Executive Marcos Molina dos Santos said on Monday after the company posted a second-quarter net loss.