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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: 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: 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: 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.

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.

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: 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.

BRAZIL: Clamour for convenience to drive food growth - study

24 Aug 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 Aug 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 Aug 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 Jul 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 Jul 2009

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

BRAZIL: Perdigao changes name to Brasil Foods

9 Jul 2009

Brazilian meat group Perdigao has received shareholder approval to change its name to Brasil Foods (BRF) ahead of its planned merger with local peer Sadia.

BRAZIL: EU green light for Perdigao, Sadia merger

2 Jul 2009

Brazilian food group Perdigao has won EU clearance for its merger with local meat processor Sadia.

RUSSIA: Sadia quits Russian venture

5 Jun 2009

Brazilian meat processor Sadia said today (5 June) that it had struck a deal to sell its stake in Russian venture Investeast.

BRAZIL: Perdigao, Sadia merger moves forward

5 Jun 2009

Brazilian meat firms Perdigao and Sadia today (5 June) notified the market that the conditions for implementing the Association Agreement that would lead to their merger have been complied with.

BRAZIL: Sadia committee to study Perdigao deal

2 Jun 2009

Brazilian food group Sadia has formed a committee to study the terms of its merger with larger local rival Perdigao.

The just-food interview – Denis Lambert, LDC

29 May 2009

After a turbulent 18 months in France's poultry industry, the future is looking brighter for some in the sector. LDC, France's largest poultry processor is one of the most upbeat. This week, the company revealed plans to buy smaller rival Groupe Arrivé and forecast a successful 12 months for the business. In this month's just-food interview, LDC chief executive Denis Lambert outlines his grounds for optimism.

Top stories on just-food this week

22 May 2009

There was no doubting the top food industry story this week after Brazilian food groups Perdigao and Sadia announced plans to merge – and became the first piece of major international M&A in the sector for months.

COMMENT: Brasil Foods – a marriage of necessity

20 May 2009

After months of speculation and a previous failed attempt to combine their operations, the announcement of the merger between Perdigao and Sadia came as little surprise to the market. While the rationale behind the merger is compelling, Katy Humphries contends that, in many respects, it is a deal born out of necessity.

UPDATE: BRAZIL: Perdigao-Sadia merger to “spur international growth”

20 May 2009

Two of Brazil’s largest food manufacturers, Perdigao and Sadia, have claimed their plans to merge would create an “international powerhouse” in the food industry.

BRAZIL: Perdigao, Sadia announce tie-up

19 May 2009

Brazil’s largest food company Perdigao and smaller rival Sadia today (19 May) announced a long-awaited merger that will see the creation of the world’s largest poultry company.


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