Brazil: BRF and Marfrig in merger talks
Brazilian food companies BRF and Marfrig have entered into talks to merge their companies and potentially create one of the world’s largest meat producers, the firms have announced. The companies said the potential merger would help to scale and increase geographical and product diversification, including expanding operations in South America, the US and Middle East, […]
Brazil: McCain takes majority stake in Serya
McCain, the leading frozen potato firm, has announced the acquisition of a 70% stake Serya, a Brazilian food company which manufactures pre-formed potato specialities. Founded in 2015 in the state of Minas Gerais, Serya is described as having new, high technology facilities that allow it to produce a wide range of potato products for the […]
Mexico: PepsiCo to invest $4 billion, build new factory
PepsiCo, the global food and drinks giant, has announced plans to invest $4 billion in Mexico between 2019 and 2020, leading to the creation of an estimated 3,000 new jobs. The investment includes $109 million to build what PepsiCo said what would be its first new plant in Mexico in 20 years. The facility, to […]
Brazil: JBS buys pork firm Adelle
JBS, the leading Brazil meat firm, is acquiring Rio Grande do Sul based pork processor Adelle for R$235 million ($59.4 million), according to a report in Folho de Sao Paulo. The acquisition, conducted through the JBS subsidiary Seara, includes a pork processing plant located in the city of Seberi. The unit is said to have […]
Brazil: Nestle to invest $76 million in coffee expansion
Swiss based FMCG giant Nestle has announced plans to invest R$300 million ($75.96 million) in 2019 in a bid to expand its presence in the Brazilian coffee sector. According to UOL Economia, Nestle will use the investment to develop and market 30 new coffee product, including a line of Starbucks branded coffees, roast and ground […]
Argentina: Nestle adds milk drink production line
The Argentinian division of consumer goods giant Nestle has announced it has opened a new production line for the manufacture of “value added” milk products at a site in Planta de Villa Nueva, in the province of Cordoba. The 480 million ARS ($12 million) spend, part of 4-year, 5.2 billion ARS ($130 million) investment plan, will enable Nestle allows […]
Brazil: Milho de Ouro opens new snack plant
Brazilian snack manufacturer Milho de Ouro has begun operations at a new plant in the city of Embu das Artes, in the metropolitan region of Sao Paulo, according to a report in Newtrade. The plant has been designed exclusively for the Tira Teima brand of flavoured wheat snacks, in a facility said to be equipped […]
Brazil: Kimberly-Clark to close plant in Rio Grande do Sul
US based household paper firm Kimberly-Clark has announced its intention to close its plant in Eldorado do Sul, Rio Grande do Sul, Brazil. The closure is part of a restructuring plan announced in 2018. According to Jornal do Comercio, 260 direct and indirect jobs will be affected by the decision, which is linked to Kimberly-Clark’s […]
Colombia: Central Cervecera de Colombia introduces Andina beer
Central Cervecera de Colombia (CCC), a joint venture aimed at tapping demand for beer and malted drinks in Colombia, has announced the launch of a new brand called Andina and has also revealed plans to start producing international beer brands in its new plant. The CCC joint venture was formed in 2014 by Chile’s Compania […]
Argentina: Molinos Rio De La Plata acquires La Saltena brand
Molinos Rio De La Plata, the leading Argentine food firm, has announced the acquisition of the La Saltena pasta and dough brand from US food giant General Mills. Describing La Saltena as a brand with a “great tradition” in the lives of Argentinian families, Molinos Rio De La Plata said its aim was to develop […]