This is the fourth Argentinean meat-packing plant purchased by Friboi since September 2005 when it acquired the Swift mega-plant—the largest in the country—for $200 million. Swift produces 56% of all frozen cooked beef and 68% of all canned beef exported from Argentina and accounts for 30% of the meat trade in the country. The company also bought a Cepa factory through Swift in Venado Tuerto, Santa Fe, in October. 

Friboi is not the only Brazilian meat-packing company operating in other Mercosur member-countries. Marfrig recently acquired Frigorífico Elbio Perez Rodriguez in Uruguay, its second acquisition in three months. It bought Uruguay-based Frigorífico Tacuarembó in September and also owns Argentine Breeders & Packers (AB&P). The company's combined slaughter capacity in Uruguay and Argentina is approximately 2,500 cattle per day. In Brazil it slaughters 11,000 head per day.

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