AskBiography Logo   Latest News  Follow Us on Twitter  Follow Us on Google Buzz  Became Fan - Facebook  Subscribe to RSSRSS   Bookmark and Share


Company nameSadia S.A.
Company typeSubsidiary
IndustryFood Processing
HeadquartersConcórdia, SC
Key peopleJosé Júlio Cardoso de Lucena (current President)
ProductsFood and Beverage
Revenue(+) US$ 7.6 Billion (2008)
Net income(-) US$ 178.4 Million (2008)
Employees60.580 (2008)

     Home | Company | Sadia

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, margerines, 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.

Warning: simplexml_load_file( [function.simplexml-load-file]: failed to open stream: HTTP request failed! HTTP/1.0 410 Gone in /home/askbio/public_html/index_bio.php on line 257

Warning: simplexml_load_file() [function.simplexml-load-file]: I/O warning : failed to load external entity "" in /home/askbio/public_html/index_bio.php on line 257

Fatal error: Call to a member function children() on a non-object in /home/askbio/public_html/index_bio.php on line 260