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BRF Completes Oman Acquisition

04 July 2014

OMAN - Brazilian meat and food processor has completed the acquisition of shares in Al Khan Foodstuffs in Oman.

The deal that was first announced in February is for 40 per cent of the share capital of AKF that distributes BRF’s products in Oman.

The acquisition is in line with BRF’s strategic plan to expand in the international market, access local markets, strengthen BRF brands and distribution network and expand its product portfolio in the Middle East.

TheMeatSite News Desk

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