Brazil: Coco Leve invests in new manufacturing facility

Coco Leve, the Brazilian beverage manufacturer, is investing R$20 million ($3.52 million) in a new production facility located in Campo Limpo Paulista, Sao Paulo. The investment is a central part of the company’s strategy to modernise its operations and increase its production capacity for coconut water and mixed drinks.

The new plant reportedly features advanced technology designed to improve operational efficiency. According to reports in Supervarejo and Revista Distribuicao, this expansion is intended to support the company’s growth plans, with a target of reaching R$300 million ($52.8 million) in annual revenue by 2030.

Coco Leve, which specialises in coconut-based beverages and cocktail mixers, expects the facility to facilitate its expansion into new retail channels and regions across Brazil.

Source: Supervarejo / Marcas Mais / Revista Distribuicao / Coco Leve