With this operation, the company enters the pork market and could become the second producer in that sector in Argentina. BRF, one of the largest food companies in the world, has announced a binding offer for the acquisition of Campo Austral SA. This transaction is in line with BRF’s strategic plan to globalize its business, consolidating its presence in the local market and expanding its product portfolio worldwide .
The offer includes the purchase of the Campo Austral farm (more than 7,500 sows) and pig genetics and the purchase of the Expork slaughterhouse, located in San Andrรฉs de Giles, which currently slaughters and butchers 32,000 pigs per month, equivalent to 3,000 tons of fresh meat for domestic consumption and export. It will also include its Pilar production facility, which is dedicated to the production of the entire line hamsof cold cuts and frozen pork products, as well as the Campo Austral brand, which is among the top 5 brands preferred by Argentines.
“We plan to continue growing in Argentina: we are very optimistic about the country in general and we are looking to develop our local operations as an important export platform,” said Alexandre Borges, CEO of BRF LATAM.
Through these acquisitions, BRF will enter the pork business in Argentina, positioning itself as the second largest pork producer in the country. In this way, they will integrate genetics, breeding, slaughter and production pork products.
Complementarily, and in line with the company’s strategic globalization plan, BRF has signed an agreement to acquire Thai Golden Foods Siam, one of the main poultry processing companies in Thailand that operates in 15 other markets around the world. , and Universal, a food company distributor in the United Kingdom, focused on the foodservice segment.
Source: BRF
