Deal BRF sells Argentine subsidiary
Photo: BRF
The subsidiary Campo Austral was sold by the Brazilian company for $35.5 mill.
fleischwirtschaft.com — BRAZIL, Sao Paulo. Brazilian food processor BRF SA has concluded the sale of its last plant in Argentina for $35.5 mill., the company said in a securities filing.
Campo Austral SA, which operates three plants in Argentina, was sold to local rivals Bogs and La Piamontesa de Averaldo Giacosa y Compañia SA for $35.5 mill., the company said.
BRF has concluded the sale of its three companies in Argentina, including Avex and Quickfood, and said the total amount raised was $145.5 mill.