10 Nov 2019
BRF mulls acquisitions in Turkey to grow in-country production
BRF SA (BRFS3.SA), the world’s largest chicken exporter, said on Tuesday it would consider acquisitions in Turkey as part of a strategy to increase production there and remain a leading food supplier in the halal world.
Patricio Rohner, vice president of international operations, told a news conference that the company now accounts for about 12% of production in Turkey and aims to grow that to 20%.
He did not provide a timeline for the plans, which were disclosed after a series of presentations conducted by company executives to discuss BRF’s prospects with analysts and investors in São Paulo.