Tyson to buy three Brazilian poultry companies
19.09.2008
Tyson
Tyson Foods Inc, the largest U.S. meat producer, said that it planned to buy three Brazilian poultry companies (around $200 million). Springdale, Arkansas-based Tyson said it would acquire Macedo Agroindustrial and Avicola Itaiopolis (Avita), both in Santa Catarina, and a 70 percent stake in Frangobras in Parana.
Tyson plans to double Macedo's production, to 176,000 chickens a day, and up production at the other acquired plants to 320,000.