Brazilian Food Company to expand its business in the Middle East
Brazilian Food Company (BRF), which sells poultry under the brand Sadia (frozen poultry market leader in Saudi Arabia), is planning to expand its business in the Middle East by increasing production capacity at its Abu Dhabi plant to 100,000 tonnes per year from 70,000 currently. The region generated c20% of the company's revenues in 2015, reaching USD2bn. The company’s board has also approved creating Sadia Halal, an entity which combines food production, distribution and sales of halal products in Islamic markets - the company is the global leader in halal food production. (Bloomberg)
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