Marfrig Global Foods S.A. (BOVESPA:MRFG3) agreed to acquire Frigonorte on March 12, 2020. Frigonorte reported annual turnover of $150 million as of December 31, 2019. Marfrig Global Foods S.A. (BOVESPA:MRFG3) cancelled the acquisition of Frigonorte on July 15, 2021.