Page 16 - Minerva Foods | Annual Report 2017

The Company
A leader of in natura meat exports in Latin America, the largest company in Paraguay, the biggest exporter in Colombia and the most diversified company in the South American meatpacking industry. It was with these accom- plishments that Minerva S.A. (Minerva Foods) finalized the year 2017, as it celebrated its 25th anniversary. 102-1 | 102-7
With over 9,700 items available, the Company works to produce and sell in natura meat and its various meat products in addition to its pro- cessed foods segment, operating in 26 industrial units spread across seven states in Brazil as well as in Paraguay, Argentina, Uruguay and Colom- bia. There are three meat processing plants locat- ed in Brazil and Argentina, and 24 abattoir and deboning units in operation. 102-2 | 102-4 | 102-7
The number of structures expanded in 2017, with the completion, through its subsidiaries in Paraguay, the acquisition of 100% control of JBS Paraguay S.A. from Indústria Paraguaya Frigorífica S.A., Frigorífico Canelones S.A., and
JBS Argentina S.A., formerly owned by JBS S.A. and JBS Handels Gmbh. Additionally, acquir- ing nine new meatpacking units in Mercosul (five in Argentina, three in Paraguay and one in Uruguay), along with one processed foods unit and a distribution center in Argentina. The Company’s slaughter capacity rose by 52% as it continued its expansion. 102-10 | 102-4 | 102-7
A public company listed in the Novo Mercado segment of B3 S.A. – Brasil, Bolsa, Balcão (B3 – formerly BM&FBOVESPA), based in the city of Barretos (SP), it exports to over 100 countries in Africa, Asia, the Americas, the Commonwealth of Independent States (CIS), the Middle East, along the North American Free Trade Agreement (NAFTA) and the European Union, through 13 commercial offices located in Chile, the USA, Algeria, Lebanon, Russia, China, Egypt, Great Britain, Italy, Australia, New Zealand, Singapore, and Hong Kong. In 2017, Minerva Europe Ltd. was created as an English subsidiary, providing consulting and advising services in the area of foreign trade. 102-3 | 102-5 | 102-6
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