Minerva is a producer and seller of beef, industrialized beef products and beef byproducts in Brazil. The company also operates in the food service sector through Minerva DawnFarms joint venture, which has a meat-processing capacity of 120 tons per day and produces beef, pork and poultry based foods.
Deutsche Bank head of global transaction banking in North America and Global Equity Services Akbar Poonawala said that the bank is delighted to be acting as depositary bank on this ADR transaction and it is very much look forward to working with Minerva and ensuring that their ADR investors receive the highest level of service.
Deutsche Bank acts as depositary for more than 800 American and Global Depositary Receipt programs globally.
