CADE approves Marfrig and BRF merger

Brazil’s Administrative Council for Economic Defense (CADE) has approved without restrictions the merger between Marfrig and BRF. The operation involves the creation of a new holding company jointly controlled by both firms, which had already shared part of their ownership structure following Marfrig’s investments in BRF in recent years. According to the companies, the merger aims to improve operational efficiency, enhance global competitiveness, and leverage synergies across production, distribution, and sales. The new structure does not present significant overlaps in sensitive markets such as beef or poultry, which facilitated an unconditioned approval.