| Make foodmate.com your Homepage | Wap | Archiver
Advanced Top
Search Promotion
Search Promotion
Post New Products
Post New Products
Business Center
Business Center
 
Current Position:Home » News » Processed Foods » Bakery & Cereals » Topic

BRF Brasil Foods, Marfrig initiate exchange of assets

Zoom in font  Zoom out font Published: 2012-06-07  Origin: FBR
Core Tip: Brazilian firms BRF Brasil Foods and Marfrig have announced they have initiated the exchange of assets, in compliance with Brazil's antitrust authority Cade and the agreement signed between the two companies in March 2012.
As a part of the agreement, BRF Brasil Foods has transferred the industrial units located in Duque de Caxias and Lajes and, the distribution centers located in Salvador, Campinas, Brasilia and Sao Jose dos Pinhais, to Marfrig.

In addition, Quickfood, an Argentinean company owned by Marfrig, has been transferred to BRF Brasil Foods. Quickfood began to be managed by BRF on 1 June 2012, with the complete segregation of the information systems.

In 2011, Cade ordered BRF Brasil Foods, which was formed after a merger of Sadia with Perdigao in 2009, to divest some portion of its assets to ensure domestic competition following the takeover. Following this, BRF Brasil Foods entered into an agreement to swap assets with Marfrig.

Brasil Foods manufactures frozen chickens, frozen pork cuts and beef cuts, processed food products, milk, soy meal and refined soy flour.

Marfrig Alimentos, based in Sao Paulo, Brazil, is involved in the production and distribution of fresh, processed and prepared beef, pork, mutton, poultry and food products.

 
 
[ News search ]  [ ]  [ Notify friends ]  [ Print ]  [ Close ]

 
 
0 in all [view all]  Related Comments

 
Hot Graphics
Hot News
Hot Topics
 
 
Processed in 20.961 second(s), 1409 queries, Memory 3.86 M
Powered by Global FoodMate
Message Center(0)