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Brazil’s BRF closes agreement to buy Hercosul and advances in pet food segment

RIO DE JANEIRO, BRAZIL - BRF food company (BRFS3) on Friday, June 18, reported that its subsidiary BRF Pet closed a deal to acquire the Hercosul group, which operates in dry and wet food for dogs and cats, placing the company on the path to become one of the main players in this market.

The transaction value is subject to the adjustments set forth in the purchase and sale agreement and will be announced when the deal is closed, BRF added, explaining that the transaction has been approved by the Board of Directors and does not depend on shareholder approval, since . . .

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