IEG Vu is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Marfrig and JSL pull out of logistics deal

Marfrig and JSL have announced that they have failed to reach an agreement on transferring the management of their logistics operations from the food company to the transport company.

"The companies have decided to end the negotiations, but continue to evaluate potential partnerships involving, for example, the provision of supply chain management and the operation of distribution centers," the companies said, in a joint statement. Marfrig still has its "capitalization plans" through its logistics assets, and JSL has reiterated its forecasts for 2012, as the deal in question was not part of its estimates.

The agreement stipulated that JSL could buy "certain logistics assets, fit for the operation of refrigerated products" from Marfrig, for R$ 150 million. It could also have provided receiving, storing, handling, distribution and dispatch services for goods and products at distribution centers.

Information provided by Reuters

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

CO193253

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel