BRF completes acquisition of Golden Foods Siam
BRF SA, the largest exporter of chicken meat in the world, announced this week that it has completed the acquisition of Thailand’s Golden Foods Siam.
The purchase, via subsidiary BRF GmbH, was first announced in December 2015, for US$ 360 million. It includes Golden Food Siam in Europe. The company is in 15 markets and is the leading producer of poultry in Thailand.
BRF's total production in Thailand now amounts to 200,000 tons per year, according to BRF's statement in a conference call about the acquisition made at the end of last year.
Information provided by CarneTec