SAO PAULO, Brazil, Sept. 7 /PRNewswire/ -- Friboi Ltda., a leading
Brazilian meatpacker, has acquired a majority participation in Swift Armour
S.A, the largest beef exporter in Argentina. Rabobank International acted as
exclusive financial advisor to Friboi in the transaction, which closed on
September 5th.
Sellers included JP Morgan Partners, Greenwich State Capital Partners and
Mr. Carlos Oliva Funes, the controlling shareholder and Chief Executive
Officer of the Company. Mr. Oliva Funes will continue as CEO and will retain
a minority shareholding position in Swift Armour S.A.
By joining forces, both Friboi and Swift Armour will benefit from the
regional integration of the Brazilian and Argentine beef industries.
A leading financier to the Latin American food and agribusiness industry,
Rabobank is a frequent advisor and agent on specialized financial transactions
undertaken by clients in the agri-industrial sector. In Brazil and Argentina,
Rabobank enjoys a strong reputation as a specialized F&A bank serving a solid
client base, particularly in the edible oils, frozen concentrated orange
juice, branded food and beverage, and meat production sectors.
Rabobank International is a global financial services leader providing
institutional and retail banking and agricultural finance solutions in key
markets around the world. From its century-old roots as a Dutch financial
cooperative, Rabobank has grown into one of the 25 largest banks worldwide,
with over $600 billion in total assets and operations in over 35 countries.
Rabobank is the only private bank in the world to be awarded the highest
credit ratings from both Standard & Poor's (AAA) and Moody's (Aaa), and is
ranked among the ten world's safest banks by Global Finance magazine. From
its offices in Sao Paulo, Buenos Aires, Santiago and Mexico City, Rabobank
provides a full suite of specialized financial services -- corporate banking,
trade finance, corporate finance, and investment banking -- for clients in the
food, beverage and agribusiness industries in Latin America and around the
world.
SOURCE Rabobank International
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Related links:
http://www.rabobank.com
CONTACT:
Rabobank International - Brazil - Mr. Pedro
Paulo Teixeira, Head, Corporate Finance, +5511-5503-7057, or Mr.
Silvio Junqueira, Project Manager, Corporate Finance,
+5511-5503-7049; Rabobank International - Argentina - Mr. Rafael
Bonasso, Commercial and Corporate, Finance Director,
+5411-4515-5516, Mr. Santiago Martignone, Relationship Manager,
+5411-4515-5551 or Mr. Alejandro Reynal, Corporate Finance,
+5411-4515-5500; Rabobank International - New York - Ignacio J.
Kleiman, Executive Director, M&A, +1-212-808-2599
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