BRF sells remaining Argentina asset

 

By Dean Best, Just-Food

10 January 2019

 

Brazil-based food giant BRF has sold Argentinian pork unit Campo Austral to two companies, marking its exit from the country.

 

BRF has struck deals with local businesses BOGS and La Piamontesa de Averaldo Giacosa y Compañía, it announced today (10 January).

 

BOGS is to buy a BRF plant in the city of Florencio Varela, as well as brands linked to the plant, including Bocatti and Calchaqui.

 

La Piamontesa de Averaldo Giacosa y Compañía has snapped up factories in San Andrés de Giles and in Pilar, as well as the Campo Austral brand.

 

BRF said the enterprise value of the assets sold...

 

more

https://www.just-food.com/news/brf-sells-remaining-argentina-asset_id140737.aspx