Brazilian joint venture for Carbery and Brasil Foods

CarberyCarbery Group has announced the formation of a 50/50 joint venture with one of South America’s leading food companies, BRF Brasil Foods. The venture, which involves a shared investment, will use Carbery’s technology to process whey generated at Brasil Food’s cheese-making operations in Brazil.

The new operation will house a manufacturing plant to produce added-value nutritional ingredients sourced from whey, with the construction of the processing facility planned to start immediately and be operational in 2014.

BRF employs around 115,000 people is the second largest collector of milk in Brazil. Together with significant pork and poultry operations, the company has 14 dairy processing sites in Brazil and another in Argentina. The company’s product portfolio includes cheese, UHT milks and fresh dairy products marketed under the Batavo and Elege brands.

“This joint venture with one of Brazil’s leading food companies further enhances our footprint in the vast South American agrifood business,” comments Dan MacSweeney, CEO of Carbery Group. “Our ability to produce high quality whey protein ingredients locally will strengthen our offerings to the leading nutritional brands there, and ensure we are positioned for further growth in a dynamic and growing economic region.”

Adds Jose Antonio Fay, CEO of BRF: “There are many synergies between our two companies and we are delighted to partner with the Carbery Group on this joint venture initiative.”

Related content

Leave a reply

Food and Drink Technology