One the world’s largest meatpackers, BRF, has cut its investment spend as its home country, Brazil, slowly recovers from a two-year economic recession.
The vice-president of legal and corporate affairs at Brazilian meatpacker BRF, José Roberto, has resigned following a “criminal proceeding” against him.
Argentina’s reform-minded president Mauricio Macri met with executives of BRF this week, as the meat processor eyes up a mouth-watering investment in South America’s third-largest economy.
One of Brazil’s largest meat firms BRF has acquired the Argentinian pork business Alimentos Calchaquí, according to an investment bulletin published by BRF.