Brazil: Mondelez and BRF reach new agreement for the distribution of Philadelphia
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 […]
Argentina: BRF acquires four brands from Molinos Rio de la Plata
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 […]
UAE: BRF to open new plant in Abu Dhabi
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 […]
Brazil: BRF to sell dairy assets to Lactalis
Dairy firm Parmalat, a subsidiary of dairy giant Lactalis, is to acquire the dairy units of Brazilian food company BRF for $805 million. The deal will seee Lactalis Group will became the second largest dairy company in Brazil. “Lactalis intends to use the Parmalat brand in Brazil, as it does in other emerging markets”, said […]