Saudi Arabia: BRF Expands Middle East Footprint With Strategic Saudi Poultry Investment
BRF's expansion strategy focuses on becoming a global food company with a strong local presence.
BRF's expansion strategy focuses on becoming a global food company with a strong local presence.
BRF said it will set up a Halal Business Headquarters, Halal Food Innovation Center and Center of Excellence
BRF strengthens its foothold on the international market with manufacturing operations in Saudi Arabia.
Restructuring exercise to focus activities on its core markets in Brazil, Asia and "halal" countries as it seeks to increase its capital structure and reduce leverage.
OneFoods saw good growth in both businesses, but processed food is still less than 20% of the mix in this segment.
FoodBev Media BRF has continued to shrug off the effects of the so-called carne fraca scandal, reporting revenue higher than the first quarter and a 13.7% increase in pre-tax earnings.…
BRF wants proceeds from the sale of the One Foods stake to help propel the latter's expansion into Asian Muslim nations.
BRF will take a 60 percent stake in the joint venture, while the Qatar Investment Authority will take 40 percent in a deal that calculates Banvit’s enterprise value at $470…
Brazilian food exporter BRF SA is seeking to raise about $1.5 billion from the sale of a 20 percent stake of a unit logo-1focused on the halal processed food market…
BRF said the Dubai-based unit has been renamed One Foods Holdings Ltd, from Sadia Halal, with the goal of building market share in the region.