Concepcion S.A. Diversifies its Business into Brazil with Acquisition of BMG Foods
Sausage and Feeding Plants
Both in the State of Paraná, a pork feeding factory and a sausage and delicatessen factory are under construction. Both plants are expected to be operational by April 2022, the sausage plant will boast 50 tons of product a day.
Distribution Centers and Retail Stores
BMG also has a retail premium beef boutique in the State of Minas Gerais and five distribution centers located in the states of Paraná, Santa Catarina, São Paulo and Minas Gerais.
Newly Acquired Pork Farms
On February 10, 2022, BMG entered a long-term lease for an establishment for the breeding, rearing and fattening of animals, located in the city of Entre Ríos, State of Paraná, including silos for grain storage and mixing.
The purchase includes 145,593 Duroc and other high genetic hogs, divided into 4 farms dedicated to breeding (10,000 sows) with expected annual production of 260,000 piglets and fettering for our own meat packing plants and sausage factory. BMG also acquired machinery and equipment for production and has a purchase option on the land and silos.