Minerva, Marfrig clash over Uruguay plant sale deal Beef packers split as US tariffs raise global stakes1 September 2025 1 September 2025 2 minute read 2 minute read By: By: Global Ag Media South AmericaFood processors Minerva and Marfrig told investors on Friday they disagree over the termination of a contract involving the sale of three beef plants in Uruguay, reported Reuters. Marfrig agreed to sell the Uruguayan assets to Minerva in August 2023 for 675 million reais ($124.51 million). In a Friday securities filing, Marfrig said it decided to terminate the contract because certain conditions were not met under a 24-month period. Minerva said the contract remains in force, adding it will continue to seek approval from local competition authorities to complete the deal. The Uruguay deal is part of the broader sale of a total of 16 Marfrig slaughterhouses to Minerva for a total value of 7.5 billion reais ($1.38 billion).