BRF offloads stake in Singapore-based joint venture for $12.3m

SINGAPORE – Brazilian meat packing company, BRF has sold its 49% stake in the SATS BRF Food joint venture in Singapore to SATS Food Services for SGD 17 million (US$12.3 million). SATS, a ground handler […]

Brazilian meat companies BRF and Marfrig end possible merger talks

BRAZIL – Brazilian meat processors, BRF SA and Marfrig Global Foods SA have called off negotiations for a possible merger as announced in May this year. The companies which were set to combine operations to […]

BRF sells Argentine subsidiary Campo Austral for US$35m

USA – The Brazilian meat processing company, BRF SA has sold its wholly-owned Campo Austral business in Argentina for US$35 million, completing its asset sale in the country. The sale involves the facility in Florencio […]