Banvit Explained

Banvit
Type:Anonim Şirket
Foundation:1968
Location:Bandırma
Area Served:Turkey
Key People:Ömer Görener (Chairman)
Isin:TRABANVT92A9
Industry:Food and agriculture
Products:Poultry
Revenue:US$745.62 million (2023)
Operating Income:US$11.40 million (2023)
Net Income:US$33.28 million (2023)
Assets:US$382.21 million (2023)
Equity:US$154 million (2023)

Banvit is a feed and poultry producer based in Bandırma, Turkey.

Business and activities

Starting as a feed producer in 1968, Banvit gradually moved into the production of broiler chickens. Today, Banvit has the country's largest single broiler facility, able to process 16,000 birds per hour and 75 million per year. The company also has a facility in Romania, a poultry product factory in Bandırma, and the Tadpi turkey product facility in İzmir[1] Distribution is managed through sales offices throughout Turkey and a fleet of refrigerated trucks.

In 2017, a majority in Banvit was acquired by Brazilian food processor BRF S.A..[2] [3]

Sponsorship

Banvit sponsored the basketball club Bandırma B.İ.K. for 25 years (1994–2019), as the club was known as Banvit B.K.

Notes and References

  1. Web site: Banvitaş. banvitas.com. 2014-06-28.
  2. Web site: 2017-01-10 . Brazilian food giant, Qatar to buy Turkish poultry firm Banvit - Latest News . 2024-10-22 . Hürriyet Daily News . en.
  3. Web site: Coyne . Andy . 2021-11-30 . BRF seeking to take full control of Turkey-based poultry processor Banvit . 2024-10-22 . Just Food . en-US.