IEG Vu is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Ubabef celebrates agreement between JBS and Doux Frangosul

The chief executive of the Brazilian Poultry Association (Ubabef), Francisco Turra, has said the asset lease agreement between Doux Frangosul and JBS is good news, mainly in sorting out the debts for integrated poultry breeders. Doux's suppliers are up to six months behind in getting paid.

"For the sector, it is an important event. The resumption of the company’s operations is a very significant step for the Rio Grande do Sul and the country as a whole," said Turra. "The lease was the best solution, because if it had been a sale there would have to have been a separation of the Doux business in France and in Brazil, and it would have been so simple or fast," added Turra.

Information provided by Agencia Estado

 

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

CO193402

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel