Sadia and Perdigão speak officially last Tuesday, around 9:00AM, the merge. The new corporation will call BRF Brazil Food S.A with the social headquarter at Itajaí, state of Santa Catarina, Brazil. The merge was made after a lot of months with negotiations. Sadia has enormous damages with venture capital by the crisis. Perdigão will have 68% of the new company and Sadia 32%. Both companies had convoked an interview at São Paulo to clarify doubts about the operation. This interview was header by Luiz Fernando Furlan, Sadia’s chairmain and Nildemar Secches, Perdigão chairman. The agreement was approved by the management councils of both corporation and still need be approved by the shareholders. The operation need to be approved too by the economic defense management council. It will analyze if the merge don’t will harm the consumers. With about 119 thousand employees, 42 plants e more than 10 billions in exportation per year, the giant appears with one of the biggest exporter company of Brazil.
Any Data about Brazil Foods S.A:
· One of the biggest food industry on Americas (10th);
· The second food industry on Brazil (only behind the JBS’s frigorific)
· The biggest producer and exporter of processed meat on the world
· The third exporter company on Brazil (only behind Petrobrás and Vale)
· 70% frozen meat market
· 65% margarina and Pizzas half ready
This merger will help Sadia does not break and maintains the jobs of its employees. It will also help to increase the quality of the products and expand even more the businesses.
ResponderExcluirSadia and Perdigão's merger seem to be very profitable for both corporations. I am in doubt if this union will not damage consumers's pocket since the competition between them will not occur anymore. Despite that I hope this merger do not lead to employees’ dismissing.
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