October 27, 2020

Archer Daniels Midland Co. and Marfrig received regulatory approval for its PlantPlus Foods joint venture. It will offer a range of finished plant-based food products across North America and South America. Marfrig is a beef and beef patty producer that owns 70% of the PlantPlus Foods joint venture and will be responsible for finished product production and distribution, utilizing its facilities in South America, mainly in Várzea Grande, in the Brazilian state of Mato Grosso, and its facilities in the United States.

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