Brazil's BRF close to wrapping up acquisition of its first China meat factory

BRF SA

29/04/2025 18:46

SAO PAULO, April 29 (Reuters) - BRF BRFS3.SA, one of the world's largest chicken and pork meat processors, expects to complete its purchase of a factory in Henan, China, in the coming days, the company's vice president of finance and investor relations, Fabio Mariano, told Reuters.

The unit is expected to begin production in May. The 460 million real ($81.7 million) deal, including investments, was announced in November and marks BRF's entry as a meat producer in China, Brazil's most important market for protein exports.

($1 = 5.6308 reais)

 (Reporting by Ana Mano; Editing by Chris Reese)

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