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Brazil's BRF reveals departure of CEO Pedro de Andrade Faria

4 Sep 2017

Brazil's loss-making food company BRF is to see the departure of CEO Pedro de Andrade Faria by year-end, with the announcement coming just a week after the appointment of a new chief financial officer.

BRAZIL: BRF opens R&D centre

25 Jun 2013

Brazilian food group BRF has opened a new innovation centre as part of plans to double its R&D spend by 2015.

BRAZIL: Brasil Foods Q3 profit drops 75%

13 Nov 2012

Brasil Foods has booked a 75% drop in third-quarter profits as higher feed costs more than offset sales gains in the period.

BRAZIL: Forex, commodity costs hit Brasil Foods profits

14 Aug 2012

A fall in the Brazilian real and a spike in soybean costs were key factors in the fall in half-year profits at Brasil Foods, the company has reported.

BRAZIL: Brasil Foods sees Q4 profits fall

23 Mar 2012

Brazilian meat group Brasil Foods ended 2011 on a sour note after seeing its profits plunge in the last three months of the year.

BRAZIL: Brasil Foods, Marfrig to swap assets

8 Dec 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 Nov 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 Nov 2011

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

BRAZIL: Brasil Foods Q3 profits surge

28 Oct 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 Jul 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 Jul 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 Jul 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 Jun 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 Jun 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 Mar 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 Aug 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 Jun 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 Jun 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 Jun 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 Mar 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 Mar 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 Nov 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 Nov 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 Nov 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 Sep 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 Sep 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 Sep 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.


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