BRF Brasil Foods, Marfrig initiate exchange of assets
date:Jun 07, 2012
d 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,
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