Brasil Foods acquires Argentina food firm “Paty”

Brazil’s Meat Foods, the market leader in Brazil, Argentina acquired Quickfood, Paty owns the brand, in an exchange of assets with Marfrig, its main competitor, the companies said today in a statement. The asset swap was due to restrictions imposed by the agency competition to the merger of Brazilian companies Sadia and Perdigao, which originated in 2009 for signature Brasil Foods, the leader of processed foods in the country. Read Article-Spanish