What's New ? - 2019

What's New ? - 2019

Tyson Foods Tyson Foods invests in Grupo Vibra

30 August, 2019

Tyson Foods, has reached an agreement to invest in the foods division of Grupo Vibra, a Brazilian producer and exporter of poultry products. Grupo Vibra currently serves customers in Brazil as well as more than 50 countries around the world. Terms of the deal were not disclosed, which is still subject to the approval of regulators in Brazil.In 2008, Tyson acquired three poultry plants in Brazil: Macedo Agroindustrial and Avicola Itaiopolis, both in the state of Santa Catarina, and a 70% stake in Frangobras in the state of Parana.
Tyson Foods currently generates $7 billion in international sales annually. This includes $5 billion in U.S. export sales and about $2 billion in in-country revenues.