Minerva S.A.

Minerva S.A.
Minerva S.A
Type Sociedade Anônima
Traded as BM&F Bovespa: BEEF3
Industry Food processing
Founded 1957 [1]
Headquarters Barretos, Brazil
Key people Edivar Vilela de Queiroz, (Chairman)
Fernando Galletti de Queiroz (CEO)
Products Beef
Revenue increase US$ 2.0 Billion (2010) [2]
Net income decrease US$ 13.7 Million (2010) [3]
Employees 7.000
Website www.minerva.ind.br

Minerva (BM&F Bovespa: BEEF3) is the fourth largest food processing company in Brazil, the company is headquartered in Barretos, in northern of the state os São Paulo. Has a daily slaughtering capacity of 6,600 head of cattle[4] and processing 1,890 tonnes of beef, equivalent to approximately 11,962 heads.

Minerva operates nine slaughtering and boning plants, a tunnering, and eight distribution centers, in addition to acting also in the Food Service segment.

The company has production units located in Brazil, Uruguay and Paraguay and is among the three largest Brazilian exports of beef, subproduct and industrialized products and has approximately 1,300 customers in 80 countries. Minerva is also exporting wet blue leather and live cattle.

References

  1. ^ "Minerva SA (BEEF3:Sao Paulo)". Businessweek.com. 19 January, 2011. http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=BEEF3:BZ. Retrieved 19 January, 2011. 
  2. ^ [1] 2010 Minerva revenues
  3. ^ [2] Minerva's net income low 68.6% for R$22.9 Million or US$ 13.7 Million in 2010 FY
  4. ^ "Minerva S.A. · Barretos, São Paulo Brazil". Hoovers.com. http://www.hoovers.com/company/Minerva_SA/rjrcryi-1-1njg4g.html. Retrieved 19 January, 2011. 

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