Brazil: M. Dias Branco pulls plug on new factory
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 […]
Brazil: Pif Paf Alimentos acquires Fricasa
Pif Paf Alimentos, a leading meat and poultry processor, has announced it has acquired Brazilian peer Fricasa, a pork specialist, for an undisclosed sum. The firm, the largest meat processor in the Minas Gerais region, said the deal would increase its pork processing capacity by 70% and would add around 15% to its annual turnover. […]
Brazil: JBS acquires Marba
JBS, the Brazilian meat firm, has acquired beef and pork products maker Marba, via its subsidiary Seara Alimentos, for an undisclosed sum, according to a report in InfoMoney. The company said the acquisition was “in line with our strategy of increasing the number of added-value brands and brands in our portfolio”. Founded in 1961, Marba […]
Brazil: Heineken announces plans to double capacity
Heineken, the Dutch beer giant, has announced plans to double its manufacturing capacity in Brazil to meet rising demand, according to a New Trade report quoting Valor Economico. The company is said to be investing R$985 million ($247 million) to expand capacity at its Araraquara, Itu and Jacarei sites in Sao Paulo, as well as factories […]
Brazil: Massimo Zanetti acquires Cafe Pacaembu
Massimo Zanetti, the Italian coffee specialist, has announced it has acquired Cafe Pacaembu, a coffee firm based in Sao Paulo state, Brazil, for an undisclosed sum. Founded in 1957, Cafe Pacaembu is described by Massimo Zanetti as one of the most traditional brands in the Sao Paulo. “In a highly fragmented market, it still represents one […]
Brazil: Mars opens new Snickers factory
Mars, the global confectionery firm, has officially inaugurated a new facility in Brazil’s Sao Paulo state that will be dedicated to the manufacture of Snickers bars, according to a report in New Trade. The new plant, in the town of Gurararema, is said to have been built as part of a R$500 million ($120 millon) […]
Brazil: Tyson Foods to take 40% stake in Grupo Vibra
Tyson Foods, the US meat processor, has announced it has reached a deal to take a 40% stake in Brazilian poultry firm Grupo Vibra for an undisclosed sum. Describing the deal as “part of its global growth strategy”, Tyson Foods said its stake in Grupo Vibra would give it more flexibility in serving customers in key […]
Brazil: Diageo to build new plant for Ypioca cachaca
Diageo, the leading alcoholic drinks multinational, has announced plans to invest R$100 million ($24 million) to construct a new facility for its Ypioca cachaca brand in north-eastern Brazil, according to a report in Giro News. Located in Itaitinga, in Ceara state, the new plant will bring together manufacturing and administrative operations for the Ypioca brand, […]
Brazil: Dr. Oetker acquires baking aids firm Mavalerio
Dr. Oetker, the German food firm, has announced it is strengthening its presence in Brazil with the acquisition of local baking aids firm Mavalerio for an undisclosed sum. Mavalerio has sales volumes of 31,000 tonnes per year. Its product range includes sugar and chocolate sprinkles, chocolate coatings, icing mixes, cocoa powder, sugar, popcorn and flavourings. […]
Brazil: Emmi increases stake in Laticinios Porto Alegre
Swiss milk processor Emmi has announced it is increasing its stake in Brazilian firm Laticinios Porto Alegre, taking its holding in the Minas Gerais based milk processor from 40% to 70%. Emmi has held a stake in the Laticinios Porto Alegre since July 2017, and said the company had been developing positively in “an extremely […]