Marfrig International Meals has showed its chairman Marcos Molina and his retaining corporate are actually the bulk homeowners of the Brazilian meat processor.
Publicly-listed Marfrig stated in a remark it “gained correspondence from its controlling shareholders: MMS Participações, Mr. Marcos Antonio Molina dos Santos and Mrs. Marcia Aparecida Pascoal Marçal dos Santos, reporting that in combination they without delay held 345,941,740 commonplace stocks, representing a 50.04% percentage of the whole stocks issued through the corporate”.
Either one of the named persons are companions in MMS Participações, a retaining corporate arrange in 2006 and based totally in Sao Paulo. Simply Meals has contacted Marfrig to determine the prior shareholding prior to the announcement signed off through vp of finance Tang David.
“The controlling shareholders have now not concluded any settlement or contract regulating the workout of the appropriate to vote or the acquisition and sale of securities issued through the corporate,” Marfrig added.
In March, Mr. Molina additionally become chairman of Brazilian meat peer BRF by which Marfrig owns 33.3%, a stake constructed up in 2021. Marfrig additionally larger its presence in the United States in 2018 with the purchase of a 51% stake in Nationwide Red meat Packing Corporate.
On the time of Molina’s appointment to the BRF board, Marcia Santos was once additionally named amongst a slate of latest BRF administrators, together with Sergio Agapito Rial; Augusto Marques da Cruz Filho; Debora Stern Vieitas; Flavia Maria Bittencourt; Pedro de Camargo Neto; Altamir Batista Mateus da Silva; Eduardo Augusto Rocha Pocetti; and Aldo Luiz Mendes, subsidized through Marfrig and shareholder Caixa de Previdência dos Empregos do Banco do Brasil (Previ).
Marfrig reported gross sales final yr of BRL85.3bn (US$17.8bn), adjusted EBITDA of BRL14.5bn and a web benefit of BRL4.3bn.
BRF had gross sales of BRL48.3bn and altered EBITDA of BRL5.6bn. Web source of revenue was once BRL517m.
Similar Firms
