UK meat group buys family-run supplier for US$42.8m as part of wider strategy to grow and diversify operations
The expansion is meant to add 111,000 square feet and around 100 jobs as production capacity is upgraded
The project aims to produce millions of fingerlings and tonnes of fish annually
New entity MBRF becomes Brazil’s 7th largest company with US$152 billion in combined annual revenue. The merger brings together two of Brazil’s biggest meat and food processing firms into a multi-protein global player.
Rwanda’s top aquaculture firm installs Africa’s biggest fish cages, targeting a production increase to 30,000 tonnes per year.