Sadia

From Wikipedia, the free encyclopedia
Jump to: navigation, search
For the Brazilian airline created in 1955, see Sadia Transportes Aéreos.

Sadia Omar,H is the owner and supervisor.

Sadia S.A.
Type Subsidiary
Industry Food Processing
Founded 1944
Headquarters Concórdia, SC, Brazil
Key people José Júlio Cardoso de Lucena (current President)
Products Food and Beverage
Revenue Increase US$ 7.6 Billion (2008)
Net income Decrease US$ 178.4 Million (2008)
Employees 60,580 (2008)
Parent BRF
Website http://www.sadia.com

This Food Company was created in Concórdia, Santa Catarina, Brazil. Its headquarters are also located in the same city.

Sadia S.A. is a major Brazilian food producer. It is among the world’s leading producers of frozen foods, and is Brazil’s main exporter of meat-based products.

In Portuguese the word "sadia" means "healthy" (f.).

As of 2008, Sadia has about 20 industrial plants that together produce over 2.3 million tons of food ranging from chicken, turkey, pork and beef, as well as pasta, margarines, desserts, and other products. The company manages to provide to over 70 thousand direct points of sale in Brazil and exports to over 100 countries in the world.

Sadia's former chairman Luís Fernando Furlan was appointed Minister of Industry and Foreign Trade by president Luiz Inácio Lula da Silva in 2003.

In 2008, the company accrued enormous losses on the derivative market.

On the year 2009 the company announced its merger with its major competitor Perdigão, forming BRF - Brasil Foods (technically a takeover of Sadia by Perdigão, which already changed its corporate name to BRF - Brasil Foods S.A.). The merger was approved by the boards and shareholders of both companies but is still pending regulatory approval.

External links[edit]