Carbery divests part of its Brazilian dairy wing

West Cork-based food group Carbery has sold part of its interests in Brazil with the acquisition by French dairy group Lactalis Groupe of BRF’s dairy business.

Since late 2012, Carbery has been involved in a joint venture with BRF Brazil Foods, which deploys the West Cork company’s innovative whey-processing technology in Brazil.

The Lactalis acquisition also includes Carbery’s 50% stake in the Nutrifont joint venture with BRF.