Marfrig will run National Beef Leathers
13/04/2018
“This means taking control of all parts of the company,” Marfrig said, “and we have no intention of selling off any part of it.”
It confirmed that, at present, it is making no leather from the hides its abattoirs generate. Therefore, taking over National Beef Leathers when the deal is approved will mean a return to the leather industry for Marfrig after a five-year absence.
In 2009, Marfrig acquired a 51% stake in automotive tanning group Zenda. It sold its equity in Zenda to rival group JBS in 2013.
Image: National Beef Leathers
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