BRAZIL – Spanish meat manufacturer Vall Companys, has announced a fresh investment Brazilian pork company, Master Agroindustria raising its stake in the company to 32.8%.
The Brazillian pork company, Master Agroindustrial has three feed factories and produces approximately one million pigs per.
The pigs are processed into pork at its two industrial pork protein processing units that have a combined slaughter capacity of 3,000 pigs per day.
The company employs nearly 2,000 people, distributes to more than ten countries, and had around US$190.6 million in revenue in 2022.
By investing in Master Agroindustria, Vall seeks to strengthen the company’s position both in the local and export marek.
Manolo Faccin, Vall’s director of operations said in a statement that the objective is to double the size of the company by 2030 through more solid results in the processed sector.
The family-owned Spanish firm said in a statement that the transaction will serve “clear objectives of cash reinforcement and investments in the growth of production, aiming primarily to meet demands, both home and overseas markets.”
Founded in 1956, Vall is a leading Spanish family-owned agri-food group with significant stakes in European pork and poultry markets.
The company’s annuall pork production is estimated at 500,000 tons while its poultry processing capacity is pegged at 330,000 tons annually.
Its investment in the Brazil companys comes at an opportune time as the Brazilian meat market is expected to grow at compound annual growth rate (CAGR) of 6.5% between 2020 and 2025, according to GlobalData.
The market research firm projects the Brazilian meat industry will expand from US$32 billion in 2020 to US$45.6 billion in 2025.
Master’s current management team will continue to run the show, with the lone change being the addition of Vall Companys’ representation on Master Brazil’s boards of directors and as a partner.
Early this year, Vall Companys acquired 100% of the shares of Embutidos Rodrguez, a rival Spanish meat company that had controlled 40% of earlier shares which was approved by Spain’s market regulator, the National Commission of Markets and Competition.
In the previous year, the business reached an agreement to acquire 75% of Grupo Sada, another Spanish meat producer from Dutch agri-food firm Nutreco, including 100% of Sada Canaria one of the top five teams in the country.
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