Brazil: Aryzta to sell Brazil bakery operations to Grupo Bimbo
Aryzta, the Switzerland-based manufacturer of bakery products, has announced the sale of its Brazil business to Mexican Grupo Bimbo, according to a report in Just Food. This sale is described as being in line with Aryzta’s commitment to focus its business on European and Asina markets. The company had earlier this year sold its North American business […]
Mexico: Diageo to buy Casa UM
Diageo, the leading alcoholic drinks firm, has announced the acquisition of Mexican Mezcal Union through beverage producer Casa UM for an undisclosed sum. Both companies had previously worked in partnership, which reportedly enabled Mezcal Union to grow its brand distribution network in Mexico, the USA, and other countries. With this acquisition, the company will continue […]
Mexico: Grupo Bimbo to acquire Emmy’s Organics
Grupo Bimbo, the Mexican bakery company has announced the acquisition of Emmy’s Organics, a US-based organic cookie producer. According to Grupo Bimbo, Emmy’s Organics is a manufacturer of ultra-premium organic cookies and a major player in gluten-free cookies. The company added that this acquisition allows an “entry point into the quickly growing better-for-you cookie and […]
Brazil: Pif Paf Alimentos acquires Uniaves
Rio Branco Alimentos, owner of Pif Paf and other brands such as Fricasa, and Ladell, has announced the acquisition of Uniaves, the largest chicken producer in the Espirito Santo state. Uniaves is completing 12 years in the market and produces around 80 products, in different lines, sold in traditional retail and food service, in addition […]
Brazil: GPA considering spin off of Colombian Exito
Brazilian retailer GPA SA is reportedly considering a spin off of its Colombian unit Almacenes Exito, in an operation that would deliver shares in the subsidiary to GPA shareholders, including the French Casino Guichard Perrachon, according to sources. The transaction would be similar to the recent spin off of GPA’s cash and carry unit, Assai, […]
Brazil: BRF to open new distribution centre
BRF, the Brazilian meat and poultry firm announced that the company will invest R$70 million ($13 million) to build a distribution centre in the greater Vitoria region in Espirito Santo, Brazil. According to an article in Newtrade, the new centre will have more than 13,000 sq. mt. of built area, with solar panels capable of […]
Brazil: Marfrig acquires 24% from BRF
Brazilian beef producer Marfrig Global Foods has acquired 24.23 percent of chicken and pork producer BRF in the stock exchange, becoming the company’s top shareholder. According to sources, despite becoming the largest shareholder in BRF, Marfrig plans to be a passive investor only, and the move was made with the aim of diversifying its investments […]
Brazil: JBS to invest $351m to expand capacity in Parana
Brazilian protein giant has announced the investment of BRL 1.85 billion (approximately $351.5 million) to expand its production capacity in Parana, southern Brazil. The investment, which will be made over the next five years, will include the construction of a prepared food plant and the modernization and expansion of the current Rolandia poultry factory in […]
Brazil: JBS to acquire plant-based firm Vivera
Brazilian protein giant has entered into an agreement to acquire plant-based protein producer Vivera for €341 million. Headquartered in The Netherlands, Vivera produces a wide range of plant-based meat replacements operating in over 25 countries across Europe. The deal includes three manufacturing units and a research and development centre located in The Netherlands. The acquisition […]
Brazil: Carrefour to buy food retailer Grupo BIG
Global retail giant Carrefour has reached an agreement with Advent International to acquire the third-largest retailer in Brazil Grupo BIG, for about $1.3 billion. The deal reinforces Carrefour’s presence in Brazil, making it almost as big as its European operations outside of France. The acquisition, which is subject to Brazil antitrust approval, will be realised […]