- Location
Brasil Foods
"-
Brasil Foods Appointed Pros for The Purpose of Enhancing Customer Experience
May 15, 2014Brasil Foods, leading producer of frozen foods, has appointed big data software company PROS to enhance its price effectiveness and customer experience initiatives. The food company that has operations in over 120 countries, with a ...
Tags: Food, frozen food, Agriculture
-
BRF Is Set to Establish a New Aed533m Food Processing Facility at Khalifa Industri
Sep 17, 2013Brazilian food company Brasil Foods (BRF) is set to establish a new AED533m ($145m) food processing facility at Khalifa Industrial Zone Abu Dhabi (Kizad). The agreement for a land plot of 174,300ft2 in the free zone area's food ...
Tags: Food Processing Facility, Foods
-
JBS Agreed to Acquire Unidade Industrial Ana Rech Hog Processing Facility
May 13, 2013Brazilian 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
-
BRF Acquires 33% Stake in Avex
Jan 4, 2013Brazilian food company Brasil Foods (BRF) has acquired 33% stake in Avex, Argentina' s leading poultry producer and exporter. Through this deal, the company has also acquired Argentina's Danica group. The transaction is expected to be ...
Tags: Brasil Foods, BRF, Avex, poultry
-
Brazilian Meat Giant Marfrig Has Returned to Profit in The Third Quarter of The Year
Dec 11, 2012Brazilian meat giant Marfrig has returned to profit in the third quarter of the year. In the three-month period, net income amounted to BRL$10.4m (US$5.1bn), reversing a net loss of BRL$540m recorded a year ago. Marfrig put the ...
Tags: meat giant, Marfrig, company profit, Seara Foods, added products
-
Brasil Foods Has Formed a Whey Processing Joint Venture with Irish Dairy Group Carbery
Dec 10, 2012Brazilian 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
-
Brasil Foods Has Booked a 75% Drop in Third-Quarter Profits
Dec 10, 2012Brasil Foods has booked a 75% drop in third-quarter profits as higher feed costs more than offset sales gains in the period. The Brazilian meat company said net income fell to BRL91m (US$44m) in the three months, down from BRL365m in the ...
Tags: Foods, meat company, grain prices, feed costs, profit
-
Brasil Foods Has Said It Will Look to Increase Prices to Offset The Recent Spike
Dec 10, 2012Brazilian food group Brasil Foods has said it will look to increase prices to offset the recent spike in commodity costs. The company yesterday (14 August) reported a slump in half-year profits that was partly thanks to a spike in grain ...
Tags: Brasil Foods, Foods, food group, food prices
-
It Is Likely for Meat Division of Sara Lee to Attract Takeover Bids
Dec 5, 2012The North American meat-focused division of Sara Lee will attract acquisition bids when the company spins off its Europe-based coffee-and-tea division in the future. The new company, which is to be named Hillshire Brands, is expected to ...
Tags: meat-focused division, acquisition bids, coffee-and-tea division
-
Brf Strengthen Its Brands and Distribution Network in The Middle East Region
Dec 5, 2012Brasil Foods (BRF) has signed a binding agreement to buy a 49% stake, and management control in Federal Foods, a privately-held company headquartered in Abu Dhabi, for $36m. This acquisition will be part of BRF's strategy to strengthen its ...
Tags: binding agreement, management control, processed products facility
-
BRF Brasil Foods Has Reported Its Net Revenues
Dec 5, 2012Brazilian 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
-
Marfrig Plans to Lower Its Mounting Debts
Dec 4, 2012Brazilian 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
-
BRF Has 14 Dairy Plants in Brazil and One in Argentina
Nov 30, 2012Brazilian 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 ...
-
A Fall in The Brazilian Real and a Spike in Soybean Costs Were Key Factors in The Fall
Aug 14, 2012A fall in the Brazilian real and a spike in soybean costs were key factors in the fall in half-year profits at Brasil Foods,the company has reported. Brasil Foods booked an 82%fall in first-half net profit to BRL160m(US$79.2m)for the six ...
Tags: soybean costs, net debt, profits
-
BRF Brasil Foods Has Reported That Its Net Earnings for The Second Quarter Totaled BRL6.4m
Aug 14, 2012Brazilian 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
