BRF and QIA completed the acquisition of Banvit for $470m.

BRF, a Brazilian chicken exporter, and Qatar Investment Authority completed the acquisition of Banvit Bandirma Vitaminli Yem Sanayii, a feed and poultry producer, for $470m. “This acquisition strengthens BRF’s presence in the halal market. It’s the first step to speed up One Foods’ growth,” Alexandre Borges, BRF CFO.