SÃO PAULO — Brazilian meatpacker BRF SA, confirmed it finalized the acquisition of a facility run by Henan Best Foods, an OSI Group subsidiary in Henan Province, China.

The company first announced the move in November 2024. Previous reporting on the transaction said it would be $43 million.

The facility in China features two food processing lines. It was built in 2013 and has an annual capacity of 28,000 tons. According to BRF, it can expand to two additional lines. 

The company is expecting an expansion project that will move production to 60,000 tons and cost $36 million. BRF previously noted it would create 850 jobs at the plant.

Completion of the deal is subject to regulatory approvals and corporate restructuring of the facility's assets.

During 2024, Marfrig Global Foods S.A. became the majority shareholder of BRF.