BRF and Invicta announce joint venture for distribution of processed food in the UK and Scandinavia
Posted: 23 April 2015 | Victoria White | No comments yet
BRF has announced a joint venture with Invicta Food Group Limited for the distribution of processed food in the United Kingdom, Ireland and Scandinavia.
Brazil’s BRF S.A., one of the biggest producers of refrigerated and frozen protein foods in the world, has announced a joint venture with UK’s Invicta Food Group Limited for the distribution of processed food in the United Kingdom, Ireland and Scandinavia.
Invicta Food Group, comprising companies that import and distribute a wide variety of meat products, already has a strong presence in UK food services which it will contribute to the joint venture. BRF subsidiary, BRF GmbH will contribute its operations in the UK and Scandinavia as well as £18 million for a 62% stake in the venture.
The joint venture fits with BRF’s strategic plan to globalise the Company – assessing local markets, strengthening BRF’s brands, and distributing and expanding its product portfolio around the globe.
For more information about BRF, please visit www.brf-global.com.