Averama, BR Frango Agree on Merger05 October 2012
BRAZIL - Poultry companies Averama and BR Frango have merged their activities, following a six-month consultation.
Averama has a slaughter capacity of 150,000 birds per day at its two plants and is authorised to export birds, reports exame.com.
BR Frango has a capacity to slaughter 210,000 birds.
Due to high prices of live birds and an accumulated a debt of over 100 billion reais, BR Frango has not been operational since March.