A PYMNTS Company

EU: Brazilian poultry exporters get merger go-ahead

By  |  September 23, 2013
EU: Brazilian poultry exporters get merger go-ahead

The European Commission announced its approval of the buyout of Brazil-based food processors Zenda and Seara, groups currently owned by Marfrig Alimentos that exports poultry products to the EU.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Brazil’s JBS will acquire the companies.

    Zenda is otherwise known as Columbus Netherlands. Seara is made up of six Brazilian companies altogether.

    Finding no significant threat to competition, the Commission announced its clearance of the buyout, though financial details of the deal were not reported.

    Full Content: The Pig Site

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.