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Brasil Foods will swap assets with Marfrig to meet competition requirementsBRAZIL: Brasil Foods, Marfrig to swap assets

8 December 2011

Brasil Foods plans to swap assets with rival Marfrig to meet a watchdog competition ruling on the merger that created the company.

UK/JAPAN: Brasil Foods to close plants

30 November 2011

Brazilian meat giant Brasil Foods has announced plans to close its plants in Japan and the UK.

BRAZIL: Brasil Foods to sell assets to beef producer?

8 November 2011

Brasil Foods is reportedly set to sell some of its assets to beef producer Marfrig Alimentos.

BRAZIL: Brasil Foods Q3 profits surge

28 October 2011

Brasil Foods has posted an increase in third-quarter profits, on the back of an improved performance in its meat business and cost savings from the merger that created the company.

BRICs and beyond: Brasil Foods shareholders relieved as merger approved

19 July 2011

The announcement that Brazil's competition watchdog had given its blessing to the merger that formed Brasil Foods eased ongoing shareholder concerns that the deal would not get the green light. While the deal was approved, there were significant conditions placed on the deal. What will this mean for the future enterprise? Petah Marian reports.

Best bits: Brasil Foods and Premier look to the future

18 July 2011

The largest food manufacturers in Brazil and the UK can look ahead with more certainty than they could a week ago, Dean Best writes, but doubts still hang over the future of Latin American country's biggest retailer.

BRAZIL: Watchdog clears Brasil Foods merger

14 July 2011

Brazil's antitrust regulators have confirmed they will support the merger that created Brasil Foods, the world's largest poultry exporter.

BRAZIL: Brasil Foods merger talks postponed

30 June 2011

Brazil's antitrust watchdog has once again postponed a vote on the merger that created meat giant Brasil Foods.

BRAZIL: Brasil Foods share price falls on merger woes

9 June 2011

Shares in Brasil Foods have fallen this morning (9 June) after a member of Brazil's antitrust watchdog voted against the merger that created the meat giant.

BRAZIL: Export recovery fuels Brasil Foods Q1 growth

16 May 2011

Brasil Foods, the Brazilian meat processor, has booked a leap in first-quarter profits on the back of a "significant recovery" in export markets.

BRAZIL: Brasil Foods books jump in Q4 profits

25 March 2011

Brazilian poultry processor Brasil Foods has booked a jump in profits for the last three months of 2010, amid better sales at home and abroad.

BRAZIL: Brasil Foods sees sales gains boost profits

16 August 2010

Brasil Foods, the company created through the 2009 merger between Brazilian food makers Perdigao and Sadia, has posted higher second-quarter profits on the back of rising sales.

BRAZIL: Brasil Foods confident of merger approval

30 June 2010

Brasil Foods has said it expects to receive approval from anti-trust council Cade for last year's merger between Perdigao and Sadia set up to form the Brazilian food group.

Comment: Marfrig faces threat of indigestion amid global expansion

18 June 2010

The humble chicken nugget grabbed the M&A headlines in the food industry this week after Brazilian food group Marfrig

Best bits: Brazil's 'new consumers' attracting interest

1 June 2010

The BRICs are keeping the world's economic house in order. Last week, the OECD lifted its forecast for global economic growth in 2010, on the back of growing world trade, which is being driven by surging demand in emerging markets.

The just-food interview - Brasil Foods CFO Leopoldo Saboya

28 May 2010

The creation of Brasil Foods, one of the world's largest meat groups, from Brazil's Perdigao and Sadia, was a rare mega-merger in 2009, when the global crash hit M&A. However, the deal is yet to win complete regulatory approval and, although parts of Perdigao and Sadia are operating together, Brasil Foods is yet to reap the rewards of the merger. In this month's just-food interview, Michelle Russell speaks to Brasil Foods CFO Leopoldo Saboya about the prospects for the business.

BRAZIL: Brasil Foods back in the black

13 May 2010

Brazilian food group Brasil Foods booked an “important recovery” in its operating performance yesterday (12 May) when it announced that it returned to profitability in the first quarter.

BRAZIL: Minerva rated 'buy' as Goldman starts protein coverage

24 March 2010

Minerva, the Brazilian beef exporter, has been handed a 'buy' rating on its shares as Goldman Sachs kicks off coverage of the country's largest meat processors.

BRAZIL: Brasil Foods swings to profit, exports down

1 March 2010

Brasil Foods has swung to a 2009 net profit but saw its exports drop 14% for the year as an “adverse international scenario” triggered a decline in prices and volume.

BRAZIL: Sadia to join UN carbon credits scheme

30 November 2009

Brazilian food group Sadia is to join a UN programme that will allow the business to sell carbon credits from next year.

BRAZIL: Brasil Foods returns to profit

13 November 2009

Brasil Foods yesterday (12 November) posted a jump in third-quarter profit after a strengthening local currency helped cut debt costs.

BRAZIL: Brasil Foods approves delisting of Sadia shares

6 November 2009

Brazilian food processor Brasil Foods has approved the delisting of the shares of its subsidiary Sadia.

BRAZIL/FRANCE: Marfrig not in talks with Doux

17 September 2009

Brazilian food group Marfrig, the new owner of former Cargill poultry business Seara Alimentos, has dismissed reports claiming it is also holding talks to buy Groupe Doux's local operations.

US: Cargill committed to meat despite Brazil sale

16 September 2009

US agribusiness giant Cargill remains committed to growing its meat businesses around the world, the company has told just-food, despite the sale of its pork and poultry unit in Brazil.

BRAZIL: Marfrig, Cargill mum over "poultry talks"

14 September 2009

Brazilian food group Marfrig and Cargill both refused to be drawn on reports today (14 September) that they are in talks over the future of the US agribusiness giant's poultry business in the South American country.

BRAZIL: Clamour for convenience to drive food growth - study

24 August 2009

Demand for "value-added" convenience food is set to be a central factor in the buoyant growth forecast for the Brazilian food sector from industry analysts BMI.

BRAZIL: BRF, Sadia shareholders approve merger

19 August 2009

Shareholders in Brasil Foods (BRF), formerly Perdigao, and Sadia approved plans to merge the two groups at a special shareholders meeting.

BRAZIL: Domestic market sales boost Sadia Q2 profit

17 August 2009

Brazilian meat processor Sadia saw its second-quarter net profit jump 124% on Friday (14 August), due in part, by a positive result in the company’s domestic market.

BRAZIL: Brasil Foods in share offer

23 July 2009

Brazilian food processor Brasil Foods has priced its previously announced global offering of 115,000,000 of common shares.

BRAZIL: Brakes put on Perdigao, Sadia merger

10 July 2009

Brazil’s competition regulator has imposed temporary restrictions on Perdigao’s BRL1.4bn (US$710m) merger with local peer Sadia.

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