BRF Brasil has been approved by Humane Farm Animal Care (HFAC) for its Certified Humane program. The food company, which sells chicken products under the Sadia brand to the Brazilian market, got the certification for 33 of its chicken ...
Tags: BRF Brasil, HFAC, Certified Humane
Brazilian meat producer JBS has agreed to acquire Unidade Industrial Ana Rech hog processing facility, 491,000 hogs and poultry farm assets from BRF Brasil Foods, in a deal worth BRL200m ($100m). Under the terms of the deal, JBS will pay ...
Tags: meat producer, Food
Brazilian food group Brasil Foods has formed a whey processing joint venture with Irish dairy group Carbery. The joint venture, in which Brasil Foods will invest US$50m, emphasised its objective to increase its leadership in the cheese ...
Tags: Brazilian food, cheese sector, cheese manufacturing facilities
Brazilian food company BRF Brasil Foods has reported that its net revenues increased by 14.3% to BRL7.2bn ($3.4bn) for the third quarter of 2012, compared to BRL6.2bn ($2.9bn) for the same period in 2011. The company posted net earnings ...
Tags: net revenues, net earnings, sales volume
Brazilian beef producer Marfrig plans to sell a stake in order to lower its mounting debts,in a move which is expected attract food companies as well as private equity firms. The company has appointed Brazilian bank Banco Itaúto ...
Tags: stake, debts, bidding, acquisition
Brazilian food company BRF Brasil Foods and Irish ingredients firm Carbery have formed a 50/50 whey processing joint venture in Brazil,with a proposed investment of$50m. The new joint venture will use Carbery's technology to process whey ...
Brazilian food company BRF Brasil Foods has reported that its net earnings for the second quarter totaled BRL6.4m($3.16m),compared to BRL498m($246m)for the same period in 2011. The company posted 8.7%increase in net sales to ...
Tags: net earnings, net sales, tough economic environment, CADE