BRF, the Brazilian meat and poultry firm, is investing $120 million to open a chicken processing plant in Saudi Arabia to strengthen its Middle East presence, according to a Reuters report. The investment underlines BRF’s goal to remain a leading supplier to countries of the Gulf, BRF chief financial officer Carlos Moura is quoted as saying. The company currently operates a facility in Abu Dhabi (UAE) serving the region, in addition to …
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Brazilian food companies BRF and Marfrig have entered into talks to merge their companies and potentially create one of the world’s largest meat producers, the firms have announced. The companies said the potential merger would help to scale and increase geographical and product diversification, including expanding operations in South America, the US and Middle East, reducing financial leverage and risk exposure. The structure of any combined company has not yet …
Brazilian food conglomerate BRF has announced the sale of its assets in Campo Austral, a manufacturer of refrigerated and frozen meat products, and with it its exit from the Argentinian meat sector. According to Clarin, the $145.5 million sale was executed in parts, as the Campo Austral plant in Florencio Varela and its associated assets and liabilities, including the Bocatti and Calchaqui brands, will be taken over by the Argentine …
Brazilian food conglomerate BRF has announced an investment in a new distribution centre to be built in the state of Parana, Brazil. The new facility, located in the city of Londrina, represents an investment of R$80 million ($25 million) and will occupy an area of over 150,000 sq m, according to the company. “The centre will be designed to receive up to 150 trucks per day, of different sizes, that …
Brazilian food conglomerate BRF is launching a multigrain margarine product under its Qualy brand, according to a report in Giro News. Qualy Multigrain Margarine is described as containing the benefits of six whole grains – flax, oat, chia, quinoa, sunflower and sesame – and comes in 250g tubs with an RRP of 4.70 BRL ($1.37). Unlike other margarines, the grains are said to be added whole. Commenting on the launch, …
BRF, the Brazilian meat processor, is embarking on a partnership with UK chef Jamie Oliver for the launch of a new line of chicken products made with natural ingredients, according to reports in the Brazilian media. The line of “gourmet” frozen products is the result of a R$50 million ($15 million) investment that is designed to inspire Brazilians to eat more healthily and using less processed ingredients, Giro News reports. The project …
BRF, the Brazilian meat conglomerate, has announced that it has acquired the Argentinean firm Campo Austral, according to a report in Giro News. Campo Austral operates a chilled pork facility in San Andres de Giles, near Buenos Aires, processing the equivalent of 3,000 tonnes of fresh meat per month for both domestic and export markets. A second plant in the Parque Industrial Pilar produces a line of cold meats as …
BRF, the leading Brazilian meat processing firm, has announced the acquisition of K&S Alimentos, the firm formerly responsible for the production and distribution of Philadelphia branded products in Brazil. In an official statement released on 18th March, BRF explained that the new deal would effectively bring to an end the previous arrangement for the production and distribution of the Philadelphia brand in Brazil: K& S having been a joint venture …
BRF, one of the world’s seven largest food companies, has announced that it has started the process of acquiring the meat and margarine brands Vienissima, GoodMark, Manty and Delicia from leading Argentinian firm Molinos Rio de la Plata. The deal aims to “develop the businesses, consolidate production capacity and amplify [BRF’s] portfolio of brands and products”, the company said in a statement. BRF has invested more than $300 million in …
The Brazilian food company BRF has inaugurated a new $160 million production plant in Kizad, Abu Dhabi, according to a report in Gulf Business. The new facility, which will reportedly have a production capacity of approximately 70,000 tonnes of food products a year, is said to support the company’s plans to expand in the Middle East market. BRF International CEO Pedro Faria said: “The Kizad plant is testament to BRF’s …
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