Marfrig Global Foods’ $969 Million Acquisition of National Beef

Linklaters, Lefosse, Morgan, Lewis & Bockius and Pinheiro Neto advised on the deal

Marfrig Global Foods has reached an agreement to purchase 51% of National Beef Packing Co. for $969 million.

The acquisition would boost Marfrig’s total slaughter capacity to 8.3 million per year with the combined operations, and provide access to the Japanese and South Korean markets, which are currently closed to Brazilian beef.

National Beef Packing Company, LLC engages in processing, packaging, and delivering fresh and frozen beef and beef by-products in the United States and internationally. The company, led by Timothy M. Klein, Simon P. McGee and Terry L. Wilkerson is based in Kansas City.

Marfrig Global Foods S.A. processes food. The Company processes beef, pork, lamb and poultry, and produces frozen vegetables, canned meats, fish, ready meals and pasta. The company, led by

Martin Secco Arias, Jose Eduardo De Oliveira Miron and Heraldo Geres, in 2017 recorded $5.448 Billion Revenues.

Linklaters advised Marfrig Global Foods with Matthew Poulter (Picture) Scott Sonnenblick and Gabriel Silva.

In Brazil, Lefosse advised Marfrig Global Foods with Carlos Barbosa Mello and André Calumby.

Morgan, Lewis & Bockius advised Leucadia National Beef Corporation with R. Alec Dawson, Terrence L. Dugan, Sheryl L. Orr and Felipe F. Alice.

In Brazil, Pinheiro Neto advised Leucadia National Beef Corporation with Fernando dos Santos Zorzo, Caio Ferreira Silva and Rafael José Lopes Gaspar.

Involved fees earner: Carlos Barbosa Mello – Lefosse; André Calumby – Lefosse; Fernando Zorzo – Pinheiro Neto; Caio Ferreira Silva – Pinheiro Neto; Rafael José Lopes Gaspar – Pinheiro Neto; Alec Dawson – Morgan Lewis; Sheryl Orr – Morgan Lewis; Terrence Dugan – Morgan Lewis; Felipe Alice – Morgan Lewis; Matthew Poulter – Linklaters; Scott Sonnenblick – Linklaters; Gabriel Silva – Linklaters;

Law Firms: Lefosse; Pinheiro Neto; Morgan Lewis; Linklaters;

Clients: Marfrig Global Foods S.A.; Leucadia National Beef Corporation;