Brazilian food manufacturer M. Dias Branco has agreed to acquire the Brazilian division Jasmine Alimentos of French dietary food specialist Nutrition & Santé. Jasmine Alimentos, based in the Parana state, is a producer of organic, vegetarian, gluten-free, and zero-sugar ranges of health foods such as breakfast cereals, seed mixes, burgers, bread, and, like M. Dias Branco, also produces biscuits, and crackers. According to sources, in the 2021 financial year, M. …
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M Dias Branco
M. Dias Branco, the leading Brazilian biscuit and pasta firm, has announced it has abandoned plans to construct a new factory in Juiz de Fora in Minas Gerais state, according to a report in New Trade. The company had originally announced the R$305.6 million ($72 million) scheme in 2014, with the intention of using the plant to produce both pasta and biscuit products. However, as a result of its acquisition of …
M Dias Branco, the market leader in biscuits and pasta in Brazil, has announced that it has agreed a deal to acquire its rival Piraque in a deal worth R$1.5 billion ($475 million). The company, which owns brands such as Adria, Richester and Vitarella, said that “the translation reflects M Dias Branco’s commercial strategy of accelerating growth in the South and Southeast regions, as well as expanding its portfolio with …
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