Sadia Mai
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Sadia Mai
Sadia S.A. is a major Brazilian food producer that has been a subsidiary of BRF S.A. BRF S.A. is a Brazilian food processing company with over 30 brands in its portfolio. They include Sadia, Perdigão, Qualy, Paty, Dánica and Bocatti. Its products are sold in over 150 countries and on five continents. More than 100 thousand e ... since 2009. 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", but the name is also an abbreviature of "'' Sociedade Anônima Indústria e Comércio Concórdia''", with the bold letters being the letters that compose the abbreviature. Sadia was founded in Concórdia, Santa Catarina, Brazil, and has its headquarters there. As of 2008, Sadia had about 20 industrial plants that together produced over 2.3 million tons of food including chicken, turkey, pork and beef, pasta, margarine, desserts, and other products. The company supplies ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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