Marfrig Global Foods acquires National Beef Packing
With the acquisition of National Beef, Marfrig achieves two key objectives outlined in its strategic plan.
Marfrig Global Foods, Brazil, acquired 51% of the membership interests in National Beef Packing Co., LLC, Kansas City, Mo., for $969 million.
Since 2011, National Beef has been controlled by Leucadia National Corp., New York, which currently holds a 79% interest. National Beef maintains a slaughtering capacity of 12,000 heads of cattle per day out of its two slaughterhouses in Dodge City and Liberal, Kan.