Page 18 - Minerva Foods | Annual Report 2017

Areas of operation 102-7
Business and products 102-2
The operations of Minerva Foods are primarily Meat and Oth- ers. The Meat division is responsible for the production of fro- zen and refrigerated beef, deriving from the slaughter of cattle acquired from livestock ranchers in the countries where its units operate. Within this segment, it also provides slaughter byproducts. These byproducts are sold domestically within the countries in which they are produced as well as international markets into which they export, in addition to the resell and distribution of third-party products for the retail and food processing industries.
Within the division of Others, the main features are the seg- ments of third-party product distribution, process foods and live cattle exportation. The third-party product resales segment which encompasses the one-stop-shop concept, accounts for the results obtained in the resale trading market of other proteins. The Company adopted a verticalization strategy for its brand through a production and distribution chain that operates with the highest efficiency and sustainability to provide the following business and products:
Minerva Beef – Working with commodities and value-added products in Brazil, Paraguay, Uruguay, Colombia, and Argentina.
Minerva Fine Foods – A Brazilian brand operating in the pro- cessed meats segment, incorporating different meat processes of preparation, cooking, freezing and packaging, resulting in an extensive line of products.
Minerva Live Cattle Exports – One of the world’s largest live cattle producers, with operating centers strategically located in Brazil, Chile, Colombia and Uruguay. The company offers a wide variety of breeds, animal health status and opportunities for price arbitration.
Minerva Leather – A brand recognized and respected world- wide in the leather industry for its superior quality and capac- ity, making it today one of the largest suppliers of leather in Latin America.
18