date:Nov 08, 2012
Brazilian food company BRF Brasil Foods and Irish ingredients firm Carbery have formed a 50/50 whey processing joint venture in Brazil, with a proposed investment of $50m.
The new joint venture will use Carbery's technology to process whey produced at BRF's cheese manufacturing facilities.
The deal is expected to complement BRF's cheese division in Brazil, while allowing Carbery to expand its ingredients business in South America.
Carbery CEO Dan MacSweeney said that producing whey protein in