Marfrig and BRF announced on Monday the completion of the merger process that gives rise to MBRF, one of the largest food companies in the world, based on a fully integrated multiprotein platform. Starting this Tuesday, the 23rd, the shares of the new company will be traded on B3 under the new ticker MBRF3. The date marks a milestone in the Brazilian capital market, said MBRF in a communique.
With the merger completed, a single organizational structure was defined, focused on simplicity, agility, and efficiency, ensuring greater synergy between areas, process optimization, and maximization of results.
Miguel Gularte was appointed CEO of MBRF and will lead the new company, reporting to and following the strategic direction of Chairman Marcos Molina. With extensive experience in the sector, having led transformation processes at Marfrig and BRF, Miguel will be responsible for driving integration, strengthening organizational culture, and promoting sustainable growth at MBRF, the communique added.
In the vice presidency of the beef division, in addition to overseeing operations in Argentina and Uruguay, will be Allison Navarro.