BRF Arabia completed the acquisition of a 26% stake in Addoha Poultry for SAR316.2m.

BRF Arabia, a BRF and Halal Products Development Company joint venture, completed the acquisition of a 26% stake in Addoha Poultry, a Halal poultry products provider, for SAR316.2m. “This is a significant step forward in our global operations in a highly strategic market for the Company, where the Sadia brand already holds a leading position. This initiative strengthens BRF’s strategy to consolidate itself as a reference in the animal protein sector in the Saudi market and ensures a permanent presence in the country’s food security agenda,” Marcos Molina, BRF Chairman of the Boards of Directors.