Brazil's BRF signs deal to acquire processed foods factory in China

BRF SA

20/11/2024 16:32

SAO PAULO, Nov 20 (Reuters) - Brazilian pork and chicken
processor BRF  BRFS3.SA  said on Wednesday that it has signed a
binding agreement to acquire a processed foods factory in
China's Henan province for $43 million.
    BRF said in a securities filing it will invest approximately
$36 million in expanding the plant and added that it expects the
factory to start operating under BRF management in the first
quarter of 2025.

 (Reporting by Roberto Samora and Luana Maria Benedito; Editing
by Anthony Esposito)
 ((LuanaMaria.Benedito@thomsonreuters.com; +551156447723;))