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Brazil's Perdigao buys poultry farm, slaughtering operation

by 5m Editor
6 December 2005, at 12:00am

BRAZIL - Brazilian poultry processing giant Perdigao has acquired part of the Victor Priori Business Group.

Brazil's Perdigao buys poultry farm, slaughtering operation - BRAZIL - Brazilian poultry processing giant Perdigao has acquired part of the Victor Priori Business Group.

The former will incorporate Incubatorio Paraiso and the poultry-breeding farm, both located in Brazil's Goias state, and assumes the contracts with 71 integrated producers established in the region.

At the same time, an agreement has been signed with Gale Agroindustrial to carry out the slaughter and processing of poultry for Perdigao.

The acquisitions, which cost 30 million real, are part of the investment programme of Perdigao. By 2012, investments in Perdigao and its partners for Jatai, a town in Goias, will reach 400 million real, according to protocols of intention signed with the state government and the municipal government.

Of these, 210 million real will go towards developing new partnerships to increase slaughtering capacity to 280,000 heads of poultry a day, with the rest of the investments going to new projects such as the construction of another hatchery, an animal feed plant, another poultry breeding farm and a new slaughterhouse.

Source: eFeedLink - 6th December 2005

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