About Minerva Foods


Minerva Foods is one of the South American leaders in the production and sale of fresh beef and its byproducts, as well as live cattle exports, and it also maintains operations in the beef processing segment.

The Company's history is guided by a solid, disciplined, coherent and experienced administration that aims to act in the most profitable markets through the use of risk management instruments.

Minerva Foods daily invests in the improvement of its industrial units, makes strategic acquisitions, maintains a broad and personalized portfolio of quality products, and has efficient and integrated distribution logistics.

In Brazil, the Company offers, by means of its 10 meatpacking plants and one processing unit, health and nutritious products that are sold to customers worldwide by its nine distribution centers and 15 international offices.

The slaughter and deboning plants, processing units and distribution centers located in Argentina, Chile, Colombia, Paraguay and Uruguay constitute Athena Foods, a subsidiary of Minerva S/A, which, since its inception, has been a leader in the global beef export market, from South America to the world. For more information on Athena Foods, click here!.

Minerva Foods employees

Mission, Vision and Values


To be a global provider of quality food, with social, economic and environmental responsibility. Minerva Foods adopts a high level of operational efficiency, promoting teamwork, valuing its employees and fostering respect and trust in its business area.


To be the most efficient company, always seeking to maximize the return on invested capital for all its business segments with appropriate risk management policies.


Integrity, commitment, responsibility, initiative, cooperation, simplicity and determination.

A little of our history

Since 1992, the Company's trajectory merges with the history of Brazilian cattle raising, since its founders, the Vilela de Queiroz family have had a huge participation in the development of that segment in Brazil, being recognized for their excellence in transportation and livestock breeding. Along with the industrialization of meat and its byproducts, Minerva Foods also gained international recognition.

  • Black and white photo of the Vilela de Queiroz Family and some employees, in 1957, in front of the first 3 trucks of the Expresso Barretos fleet.

    The Vilela de Queiroz family initiated their livestock farming activities and provided logistics services, carrying animals from farms to the slaughterhouses.

  • Aerial photo of the first industrial unit purchased by the Vilela de Queiroz family, in the city of Barretos, state of São Paulo, in the year 1992. It shows the whole industry, with the field around it.

    The Vilela de Queiroz family purchased “Frigorífico Minerva do Brasil S/A”, its first slaughter and deboning unit, located in the city of Barretos-SP (current headquarters).

  • Photo of the entrance of the industrial unit in the city of José Bonifácio, state of São Paulo, acquired by the company in 1999. It shows the guardhouse on the left side in white and blue colors, entrance gate to the center and the totem with the company logo on the right side. At the bottom of the photo, it is possible to see the industry building and the main street of the unit. The industrial unit is well wooded.

    They rented and later acquired an industrial unit in the city of José Bonifácio-SP.

  • Photo of a large cattle transport ship moored in the port of Pará, right in the center of the image. This photo is from 2003, when the export of live cattle from Brazil to the world began. The photo is quite wide, showing the blue sky with some clouds in the background. At the front, it shows the port, asphalted and with a tall crane on the left side and the sea on the right.

    They initiated the export operations of live cattle, in the state of Pará.

  • Photo of the company's partners and directors at the inauguration of the industrial unit in Palmeiras de Goiás, state of Goiás, in 2004. They are in front of the entry door of this plant. In front of this guardhouse and behind these people have four flags raised. From the state of Goiás on the left, then the state of Brazil, then the state of the municipality and, finally, the company. The sky is blue and in the background, on the right side, you can see the industry.

    Construction and inauguration of a new slaughterhouse in the city of Palmeiras de Goiás - GO.

  • Photo of the industrial unit leased by the company in 2006, in the city of Batayporã, in the state of Mato Grosso do Sul. It shows the refrigerator in the background with the company's first logo painted on the wall, with the gray sky and some trees behind the left  side. In the front, there is a lawn with a coconut tree on the left side and a row of coconut trees on the right side. In the foreground is the asphalted street.

    Signed a lease for an industrial unit in the city of Batayporã - MS

  • Photo of the Certificate issued by the New York Stock Exchange, with the information in English, which proves the opening of the Minerva S/A capital in 2007.

    A benchmark year, in which the Company went public and acquired the unit of Araguaína - TO.

  • Photo of the Frigomerc plant in Paraguay, which shows the director of the industrial unit on a stage on the left, with a microphone giving a speech to the employees who are in the yard during the first day of work, as a unit belonging to the company. In the background, one can see a truck parked in front of the industry and the grey sky.

    In August, they acquired their first unit abroad, in the city of Asunción in Paraguay.

  • A photo of the Minerva Dawn Farms guardhouse, a meat processing unit, opened in 2009 in Barretos, state of São Paulo, a joint venture between Minerva S/A and the Irish Dawn Farms. On the left side, there is the asphalted entrance of cars and trucks. The guardhouse with the company logo is right in the center of the photo and has a white wire fence on the left side. And in the background the sky is covered with clouds.

    This year marks the inauguration of Minerva Dawn Farms, the beginning of the deboning operations in the unit Rolim de Moura-RO and the start of the Distribution Centers activities in Viana-ES and Itajaí-SC.

  • Photo of the building in white and blue, where the Araraquara Distribution Center is located, which was inaugurated in 2010. This building is at the bottom, with a truck parked on the right side and the blue sky with a few clouds. Opposite is the street on the left side and a green lawn on the right side.

    Beginning of the Distribution Centers activities in Brasilia-DF and São Paulo-SP and acquisition of the industrial unit of Campina Verde-MG.

  • Photo of the blue and white facade of Pul, located in Melo, Uruguay, one of the most important industrial plant in the country, acquired by the company in 2011. It shows the guardhouse in front, and the industry just behind. In the back, one may see the sky with many clouds.

    Inauguration of Minerva Leather, the Company's leather division, in Barretos-SP, they also acquired their first unit in Uruguay, "Frigorífico Pul", and the inauguration of a Distribution Center in Belo Horizonte-MG.

  • The company's new logo in red and gold, especially created due to the adoption of the business name Minerva Foods, in 2012.

    In that year, Minerva S/A adopts the brand Minerva Foods and acquire one more slaughterhouse in Paraguay, called Frigomerc.

  • New logo in red and yellow created when Minerva Dawn Farms changed its name after Minerva S/A took full control in 2013, now renamed Minerva Fine Foods.

    Agreement for the Acquisition of a BRF Plant in Várzea Grande-MT and Mirassol D’Oeste-MT. We took full control over Minerva Dawn Farms, denominated today Minerva Fine Foods and we installed new Distribution Centers in Uberlandia-MG and Fortaleza-CE.

  • Photo of the facade of the Carrasco, a slaughter and deboning plant located in Carrasco, Uruguay, acquired by Minerva in 2014. The building is made of exposed brick with a marquise in red color and a white totem with the application of the Carrasco brand. On the left side of the building 3 embarkation docks may be seen, and just opposite is the parking lot, the blue sky with clouds in the background and some trees on the left corner.

    In Brazil, we acquired a facility in Janaúba-MG and in Uruguay, named Carrasco.

  • Photo of the industry’s facade, located in Montería, Colombia, purchased by the company in 2015. Minerva's first slaughter and deboning unit in that country. The facade is red and with glass and application of the Minerva Foods logo at the entrance of the building. It has several coconut trees just opposite it. In the foreground of the photo, there is the parking lot with no cars. The blue sky has few clouds in the background.

    We acquired the slaughterhouse Red Cárnica S.A, located in Monteria, Colombia, and signed a lease of a slaughter and deboning unit in Asunción, Paraguay.

  • Logo developed for Minerva Energia, which is a company created in 2016 to act in the trading of electricity for all units of Minerva Foods in Brazil and abroad and for commercial partners. It follows the same typology of Minerva Foods, as well as the colors red and gold.

    Opening of two new Distribution Centers in Latin America, located in Santiago (Chile) and in Bogota (Colombia); there has been the acquisition of the trading IMTP, in Australia (which then assumed the name of Minerva Foods Asia) and Intermeat, in Barueri - SP. They both operate as exporters and importers of animal proteins; creation of Minerva Energia, a company that operates in the field of electricity supply.

  • Gold medal showing Exame on the top, 2017 Best & Greatest in the center, with bay leaves on the sides. This medal refers to the 2017 award of Exame magazine's "Melhores e Maiores" (Best and Greatest), symbolizing the recognition of Minerva Foods as the Agribusiness Company of 2016.

    The Company celebrates 25 years of its foundation; in this year, we acquired 9 slaughter plants in South America, with 3 in Paraguay, 1 in Uruguay and 5 in Argentina, where the Company also obtained 2 meat processing units and 1 Distribution Center, a major step in the Company's acquisition history. Minerva Foods Europe, in England, is also created for providing consultancy and advisory services in the foreign trade area, and we open a new international office in Singapore. Still in this year, Minerva Foods completes 10 years as an open company listed in the São Paulo Securities, Commodities and Futures Exchange (BM & FBovespa) and in 2016, they are elected as Company of the Year in Agribusiness by Exame Magazine's "Melhores & Maiores" yearbook.

  • Athena

    The year Minerva Foods operations are internationalized with the creation of Athena Foods, a Chilean company controlled 100% by Minerva S/A, comprising operations in Argentina, Chile, Colombia, Paraguay and Uruguay. Also, this year, the Company's new buildings are inaugurated in Barretos (SP), with the headquarters being renamed Centro Corporativo Antonio Vilela de Queiroz, in honor of one of the founding partners of Minerva Foods.

  • In 2019, Minerva Foods enters into an asset exchange agreement with Marfrig, in which it takes over the slaughtering plants in Paranatinga and, in return, Marfrig takes over the slaughtering plant in Várzea Grande, both in Mato Grosso, Brazil.

    Minerva Foods signs a memorandum to form a joint venture in China and becomes the first Brazilian company to operate in beef distribution in the country.


Corporate Governance

In 2000, the São Paulo Securities, Commodities and Futures Exchange (BM&FBovespa) introduced three special segments for their listing, known as Levels 1 and 2 of Differentiated Corporate Governance Practices and New Market. The goal was to create a secondary market for securities issued by Brazilian publicly held companies that follow better corporate governance practices.

The listing segments were designed for the trading of shares issued by companies voluntarily undertaking to abide by corporate governance practices and disclosure requirements in addition to those already imposed by Brazilian law. In general, those rules extend the rights of shareholders and improve the quality of the information provided to them.

The New Market rules demand, in addition to the obligations imposed by the Brazilian legislation, the attendance of the following requirements, among others:

  • Issue only ordinary shares;
  • Grant to all shareholders the right of joint sale ("tag along"), in the event of the disposal of shareholder control of the Company, and the buyer of the controlling share, should order public offer for share acquisition to the other shareholders, and the price paid for each share should be the same price paid in the shares pertaining to the controlling block;
  • Ensure that Minerva's shares, representing at least 25% of total capital, are in circulation;
  • Adopt offering procedures that favor shareholding dispersion;
  • Meet minimum standards of quarterly disclosure of information;
  • Follow stricter disclosure policies regarding the negotiations conducted by the Company's controlling shareholders, advisors and directors involving securities issued by them;
  • Submit any shareholders' agreements and existing stock options buyout programs to purchase to BM&FBovespa;
  • Turn available to all their shareholders a corporate event calendar;
  • Limit to one year the mandate of all members from Minerva's Board of Directors, and it shall be composed of, at least, five members;
  • Elaborate, from the second accounting year finished after their admission to the New Market, annual financial statements, including cash flow demonstrations, in English language, according to international accounting standards, such as those in the U.S. GAAP or IFRS;
  • Adopt exclusively the rules from BM&FBovespa arbitration regulation, whereby the stock exchange itself, the Company, the controlling shareholder, the administrators, and the members of the Company's Fiscal Board, if installed, undertake to resolve each and every dispute or controversy relating to the listing regulation through an arbitration procedure;
  • Hold public meetings with analysts and other stakeholders, at least once a year, to disclose information regarding their respective economic-financial situation, projects and perspectives;
  • In the event of leaving the New Market, so that shares can be negotiated outside the new rule, the controlling shareholder must make a public offer for the acquisition of shares in circulation, by the economic value determined by an appraisal report drawn up by a specialized and Independent Company.