Brazil's BRF closes purchase of Mogiana, Hercosul for $260 mln
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SAO PAULO, Sept 1 (Reuters) - Brazilian food processor BRF SA has concluded the purchase of pet food companies Mogiana Alimentos and Grupo Hercosul, paying a combined 1.35 billion reais ($260.37 million), according to a securities filing on Wednesday.
BRF's move is part of a plan to become one of the most relevant players in the Brazilian pet food market by 2025, the filing said. ($1 = 5.1849 reais) (Reporting by Ana Mano; Editing by Leslie Adler)
