BRF SA acquires Joody Al Sharqiya food production facility in Dammam for $8M

Brazil's BRF SA, through its subsidiary Badi Limited, acquired the Joody Al Sharqiya food production facility in Dammam, Saudi Arabia, from Hungry Bunny Ltd and other firms for an estimated $8 million. BRF plans to invest $7.2 million to expand capacity from 3,600 ton/year to 18,000 ton/year.

“BRF plans to invest around $7.2 million in the Dammam plant in order to expand its current installed capacity from 3,600 ton/year to 18,000 ton/year.”gccbusinessnews.com

• 1 source
• gccbusinessnews.comBrazil's BRF SA buys Joody Al Sharqiya food production facility for $8 million - GCC Business NewsBackend OfficeMay 10, 2020

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