Brasil Foods S.A. Acquires Minority Interest of Avex S.A.
SAO PAULO, Dec. 31, 2012 /PRNewswire/ -- BRF – Brasil Foods
S.A. ("BRF" – BM&FBovespa: BRFS3; NYSE: BRFS) pursuant to CVM
Rule 358, of January 3, 2002 and
article 157, paragraph 4, of Law 6.404/76, hereby announces that it
acquired 1/3 of the minority interest of Avex S.A., and through the
latter, it acquired the remaining interest in the companies
Flora Danica S.A., Flora San Luis S.A. and GB Dan S.A.
("Grupo Danica"), all headquartered
in Argentina.
(Logo:
http://photos.prnewswire.com/prnh/20090710/SPF002LOGO )
The transaction shall be completed within 90 days, under the
terms of the agreement executed between the parties and foresees a
US$ 40.5 million investment.
This transaction will allow BRF to integrate its business in
Argentina, including the
operations of Quickfoods (acquired in July), as well as to gain
synergies for integrated business.
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Leopoldo
Viriato Saboya
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Chief
Financial and Investor Relations Officer
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SOURCE Brasil Foods S.A.