- Membership
Free member
- Registration Date2017.02.05
- Country/RegionBrazil
- CityConcrdia
- Contact
Marie carlos faria(Ms.)
Sadia S.A. is a major Brazilian food producer that has been a subsidiary of BRF S.A. since 2009. It is among the world's leading producers of frozen foods, and is Brazil's main exporter of meat-based products.
Sadia was founded in Concrdia, Santa Catarina, Brazil, and has its headquarters there.
As of 2008, Sadia had about 20 industrial plants that together produced over 2.3 million tons of food including chicken, turkey, pork and beef, pasta, margarine, desserts, and other products. The company supplies over 70 thousand direct points of sale in Brazil and exports to over 100 countries.
Sadia's former chairman Lus Fernando Furlan was appointed Minister of Industry and Foreign Trade by president Luiz Incio Lula da Silva in 2003.
In 2008, the company accrued enormous losses on the derivative market.
In 2009 the company announced a merger with its major competitor Perdigo, forming BRF - Brasil Foods (technically a takeover of Sadia by Perdigo, which already changed its corporate name to BRF - Brasil Foods S.A.).
BRF is the leader in global protein production, with a 9% share of International trade for the sector. The company is the result of the merger between the two main Brazilian food companies: Perdigo and Sadia. We operate in the segments of meats, industrialized meats, margarines, pastas, pizzas, frozen vegetables and dairy. A publicly listed company since 1980, BRFs shares (BRFS3) began trading on BM&FBovespas Novo Mercado in 2006, a segment which lists those companies with high standards of corporate governance, mechanisms for protecting shareholders and absolute compliance with the best practices in information disclosure. The Companys securities are also traded on the New York Stock Exchange (NYSE - BRFS, Level III ADRs). Given BRFs commitment to sustainability of the businesses, it has been a component of BM&FBovespas Corporate Sustainability Index (ISE) since 2005..
