Perdigao

Brazil's Perdigao SA is the second largest producer of pork and poultry products, behind Sadia, with vertical operations including pork and poultry and grain farms, plants for producing animal feed, incubation and genetic research facilities, slaughterhouses and poultry processing facilities, and cold storage warehousing and distribution operations... . Although some 63 percent of Perdigao's sales, which neared R 2.8 billion ($1.4 billion) in 2001, come from Brazil itself, Perdigao has built up a growing international business, with exports, through subsidiary Brazilian Fine Foods, to more than 70 countries in the United States, Europe, Asia, and the Middle East. In the late 1990s, Perdigao, which was taken over by a consortium of pension funds in 1994, has begun to diversify into processed foods, with lines of frozen vegetables, ready meals, frozen pizza, and other food items. The company also has extended its meat operations to include turkeys. Perdigao is listed on the Brazilian stock exchange and is also traded on the New York Stock Exchange--the first Brazilian food products company to do so--through Level II ADRs. The company is led by Chairman Eggon J. da Silva and CEO Nildemar Secches.Read More