Brf S A's Comment on Sales, Marketing and Customers
The company serves customers in the Chinese market and has made strategic investments to expand in the poultry and processed food sectors. MBR Investimentos Ltda. acquired a 50% stake in Gelprime Indústria e Comércio de Produtos Alimentos Ltda., a producer, seller, and distributor of gelatin and collagen derived from animal-origin raw materials. BRF Arabia acquired 26% of Addoha Poultry Company, which operates in the poultry slaughtering industry in Saudi Arabia, and entered into a shareholders' agreement to participate in its management. Additionally, BRF Arabia is investing US$160 million to construct a new processed products factory in Jeddah, Saudi Arabia, aimed at increasing production capacity to meet growing regional and global demand for poultry- and beef-based processed products. Other entities mentioned include Indústria e Comércio de Couros Britali Ltda., Vanz Holdins Ltda., and Viposa Participações Ltda.
Brf S A’s Comment on Sales, Marketing and Customers
The company serves customers in the Chinese market and has made strategic investments to expand in the poultry and processed food sectors. MBR Investimentos Ltda. acquired a 50% stake in Gelprime Indústria e Comércio de Produtos Alimentos Ltda., a producer, seller, and distributor of gelatin and collagen derived from animal-origin raw materials. BRF Arabia acquired 26% of Addoha Poultry Company, which operates in the poultry slaughtering industry in Saudi Arabia, and entered into a shareholders' agreement to participate in its management. Additionally, BRF Arabia is investing US$160 million to construct a new processed products factory in Jeddah, Saudi Arabia, aimed at increasing production capacity to meet growing regional and global demand for poultry- and beef-based processed products. Other entities mentioned include Indústria e Comércio de Couros Britali Ltda., Vanz Holdins Ltda., and Viposa Participações Ltda.
Sources:
Brf s a’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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