# 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.

- Type: Acquisition
- Announced: 2020-05-10
- Where: Dammam, Saudi Arabia
- Value: $8.00M
- Status: completed
- Capacity: 3,600 ton/year to 18,000 ton/year
- Products: breaded and marinated cuts, burgers
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [BRF](https://endata.com/companies/21404.md) (acquirer)
- [Joody Al Sharqiya](https://endata.com/companies/47138.md) (target)
- [Hungry Bunny Ltd](https://endata.com/companies/47139.md) (partner)

## Sources

- [gccbusinessnews.com](https://www.gccbusinessnews.com/brazils-brf-sa-buys-joody-al-sharqiya-food-production-facility-for-8-million/), 2020-05-10: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.