Perdigao Announcement to Shareholders
June 20 2005 - 6:24PM
PR Newswire (US)
Perdigao Announcement to Shareholders SAO PAULO, Brazil, June 20
/PRNewswire-FirstCall/ -- Perdigao (NYSE:PDA) announces to
shareholders and to the market that their subsidiary, Perdigao
Agroindustrial S.A., has today signed an agreement for the
acquisition of quotas representing the entire capital of the
following companies: Mary Loise Industria De Alimentos Ltda. and
Mary Loise Industria e Comercio De Racoes Ltda., both with
registered offices in Nova Mutum, state of Mato Grosso, for chicken
slaughtering activities. The amount of investments involved is
approximately R$ 40 million. Currently, 60,000 chickens/day are
being slaughtered at this unit, which has an installed capacity for
120,000 heads of chicken/day. Other installations include: a
hatchery, an animal feed plant, a poultry breeding farm, grain
storage facility and a soybean roasting installation. This
acquisition will meet the growing overseas demand for chicken meat
and will be submitted for approval by the appropriate authorities
and announced to the market. Wang Wei Chang Chief Financial Officer
All statements contained herein with regard to the Company's
business prospects, projected results and the potential growth of
its business are mere forecasts, based on local management
expectations in relation to the Company's future performance.
Dependent as they are on market shifts and on the overall
performance of the Brazilian economy and the sector and
international markets, such estimates are subject to change
DATASOURCE: Perdigao Contact: Edina Biava, Investor Relations,
Perdigao, +011-5511-3718-5301, or Web site:
http://www.perdigao.com.br/
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