
Food giant BRF buys a food company in the United Arab Emirates.
Brazilian food processing company BRF completed the $8 million acquisition of Joody Al Sharqiya Food Production in the United Arab Emirates, reports Salaam Gateway. Joody is a food processing plant in Dammam in eastern Saudi Arabia, producing such items as hamburgers, breaded meat cuts and marinated chicken.
With the purchase, BRF wants to grow further in halal markets such as Turkey and Saudi Arabia, the news portal said. In 2017, BRF created a new subsidiary, OneFoods, which runs all of the company’s halal meat operations, reports Salaam Gateway.
Source: Halal-Welt – Global Halal Business Magazine