Sadia to buy Big Foods

Sadia to buy Big Foods

Sadia SA, one of the world’s leading producers of chilled and frozen foods, has acquired Big Foods for the amount of €20.4 million. Big Foods’ industrial compound is located in São Paulo (BR), which includes a processed products plant, specialized on the production of ready-to-eat sandwiches, lasagnas, pizzas, breads, snacks, cheese bread and pastry products.

Sadia, established in Brazil in 1944, is today the market leader in all segments in which it is present, and it is also Brazil’s main exporter of meat-based products. The Big Foods acquisition is an important step to strengthen Sadia's operations in the frozen processed products segment and is in line with the company's growth strategy.

Related link:
Big Foods [Portuguese]

Published 04-12-2007 (10:14) by Karen Willoughby

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