Thursday, September 04, 2014

BRF confirms sale of dairy division

The BRF announced the sale of its units and dairy brands, such as Batavo and Elect to Parmalat, the group for Lactalis, for $ 1.8 billion. The operation involves the sale of 11 units located in ten localities: good advice (PE), Carambeí (PR), Ravenna (MG), Concord (SC), Teutônia (RS), Itumbiara (MG), Terrenos (MS), Ijuí (Rio Grande do Sul), Three may I (RS), Three may II (RS) and Santa Rosa (RS). The Division was put up for sale in February this year, after the company consider it as problematic. Although not excite, the dairy segment achieved net revenues of r $ 2.6 billion in 2013.
Giro News - 04/09/2014
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