Stratrix
On the Record · BRF

BRF acquisitions, on the record

The businesses BRF bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Quickfood
Word for word“On December 7, 2018, we executed a Share Sale and Purchase Agreement with Marfrig Global Foods S.A., or Marfrig, for the sale of our total ownership interest in Quickfood (which constituted 91.89% of the capital stock of Quickfood).” 20-F for 2022
agreed divestitureOn December 7, 2018—
Sale of Várzea Grande Plant
Word for word“On December 7, 2018, we executed an agreement with Marfrig for the consideration of R$100 million in both real estate assets and equipment from our plant located in Várzea Grande, in the Brazilian state of Mato Grosso, which produces, among other items, hamburgers, meatballs and kibbehs (a type of Middle Eastern beef patty popular in Brazil).” 20-F for 2022
agreed divestiture—R$100 million
BOGS S.A. facility in Florencio Varela, Argentina
Word for word“The transaction closed on February 28, 2019, for an amount equivalent to R$95,036 thousand (US$26,753 thousand, translated to reais at the exchange rate of R$3.5523 as of February 28, 2019).” 20-F for 2022
divestitureThe transaction closed on February 28, 2019R$95,036 thousand
Sats BRF Food Pte Ltd.
Word for word“The transaction was concluded on September 5, 2019, for an amount equivalent to R$51,197 thousand (SGD17,000 thousand, translated to reais at the exchange rate of R$3.0116 as of September 30, 2019) and also encompassed the execution of a new contract for the distribution and licensing of brands owned by us.” 20-F for 2022
divestitureThe transaction was concluded on September 5, 2019R$51,197 thousand
Joody Al Sharqiya Food Production Factory
Word for word“The transaction was closed on January 18, 2021, and the initial fair value of the consideration transferred was equivalent to R$41,620 thousand (SAR29,793 thousand, translated to reais at the exchange rate of R$1.3967 as of January 18, 2021) paid in cash, and from this date, Joody Al has become a wholly-owned subsidiary of Badi.” 20-F for 2022
acquisitionThe transaction was closed on January 18, 2021R$41,620 thousand
Hercosul Group
Word for word“On June 18, 2021, our subsidiary BRF Pet S.A., or BRF Pet, entered into an agreement to acquire 100% of the capital stock of the companies dedicated to the development, production and distribution of dry and wet food for dogs and cats that compose the Hercosul Group, or Hercosul, which acquisition closed on August 2, 2021.” 20-F for 2022
acquisitionwhich acquisition closed on August 2, 2021—
Paraguassu Participações S.A. and Affinity Petcare Brasil Participações Ltda.
Word for word“In addition, on June 25, 2021, BRF Pet entered into an agreement to acquire 100% of Paraguassu Participações S.A. ("Paraguassu") and Affinity Petcare Brasil Participações Ltda.” 20-F for 2022
acquisition——
Mogiana Group
Word for word“On February 18, 2022, according to conditions established in the agreement, through our wholly-owned subsidiary BRF Pet, we concluded the price adjustment of the consideration for the acquisition of the Mogiana Group.” 20-F for 2022
acquisitionOn February 18, 2022—
Banvit Foods SRL
Word for word“On May 4, 2021, Nutrinvestment BV and Banvit, companies indirectly controlled by us, sold 100% of their shares in Banvit Foods SRL, a company which produces animal feed and manages an egg hatchery in Romania, to Aaylex System Group S.A., for an amount equivalent to R$132,425 thousand (EUR 20,300 thousand translated to reais at the exchange rate of R$6.5234 as of May 4, 2021).” 20-F for 2023
agreed divestitureOn May 4, 2021R$132,425 thousand (EUR 20,300 thousand translated to reais at the exchange rate of R$6.5234 as of May 4, 2021)
Al Yasra Food K.S.C.C. (BRF AFC, renamed BRF Kuwait W.L.L.) remaining 25% minority stake
Word for word“On March 9, 2021, we acquired the remaining minority stake in Al Yasra Food K.S.C.C., or BRF AFC, located in Kuwait, through our wholly-owned subsidiary One Foods, representing 25% of BRF AFC’s capital stock, for the amount equivalent to R$238,421 thousand (US$40,828 thousand translated to reais at the exchange rate of R$5.8391 as of March 9, 2021).” 20-F for 2023
acquisitionOn March 9, 2021R$238,421 thousand (US$40,828 thousand translated to reais at the exchange rate of R$5.8391 as of March 9, 2021)
Gewinner Participações Ltda. and 99% of Hercosul International S.R.L.
Word for word“On August 2, 2021, our subsidiary BRF Pet S.A., or BRF Pet, acquired 100% of the capital stock of Gewinner Participações Ltda. and 99% of Hercosul International S.R.L. (BRF S.A. holds the remaining 1%), each a company dedicated to the development, production and distribution of dry and wet food for dogs and cats and part of the Hercosul Group, or Hercosul.” 20-F for 2023
acquisitionOn August 2, 2021—
Paraguassu Participações S.A., Affinity Petcare Brasil Participações Ltda. (Mogiana Group, including Mogiana Alimentos S.A.)
Word for word“In addition, on September 1, 2021, BRF Pet acquired 100% of Paraguassu Participações S.A., or Paraguassu, and Affinity Petcare Brasil Participações Ltda., or Affinity, the holders of 100% of the capital stock of Mogiana Alimentos S.A., or Mogiana Alimentos, and, together with Paraguassu and Affinity, the Mogiana Group.” 20-F for 2023
acquisitionOn September 1, 2021—
food processing factory in the Henan province, China (from Henan Best Foods Co. Ltd.)
Word for word“On November 20, 2024, we announced that our wholly-owned subsidiary BRF GmbH signed a binding agreement with Henan Best Foods Co. Ltd., a subsidiary of the OSI Group, a U.S.-based company specializing in food processing, to acquire a food processing factory in the Henan province, in China for a total consideration of US$42,700 thousands.” 20-F for 2024
agreed acquisitionOn November 20, 2024US$42,700 thousands
Gelprime Indústria e Comércio de Produtos Alimentos Ltda.
Word for word“On December 17, 2024, our controlled company MBR Investimentos Ltda., or MBR, entered into a term sheet for the acquisition, from Viposa Participações Ltda., Indústria e Comércio de Couros Britali Ltda. and Vanz Holdins Ltda., of 50% of the capital stock of Gelprime Indústria e Comércio de Produtos Alimentos Ltda., or Gelprime, a company that produces, sells and distributes gelatin and collagen through the processing of animal-origin raw material.” 20-F for 2024
agreed acquisitionOn December 17, 2024—
Addoha Poultry Company
Word for word“On January 14, 2025, BRF Arabia acquired 26% of Addoha Poultry Company, or Addoha, a company that operates in the poultry slaughtering industry in the Kingdom of Saudi Arabia, for a total amount of SAR316,200 thousand (equivalent to US$84,300 thousand), of which SAR216,200 thousand (US$57,600 thousand) were paid into Addoha.” 20-F for 2024
acquisitionOn January 14, 2025SAR316,200 thousand

Read from BRF’s annual reports (20-F for 2024, 20-F for 2023, 20-F for 2022) and the financial data it files with the SEC, as of 2025-04-30. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.