Argentina: BRF sells Campo Austral
Brazilian food conglomerate BRF has announced the sale of its assets in Campo Austral, a manufacturer of refrigerated and frozen meat products, and with it its exit from the Argentinian meat sector. According to Clarin, the $145.5 million sale was executed in parts, as the Campo Austral plant in Florencio Varela and its associated assets […]
Brazil: Coca-Cola introduces Leao tea capsules
Coca-Cola has announed the launch of tea capsules under its Leao and Matte Leao brands for the Brazilian market. The new tea capsules are said to be compatible with Nespresso coffee makers and are available in three versions: Matte Leao Original and the “premium” line Leao Senses, which comes in the flavours Blackberry, Blueberry & […]
Brazil: PepsiCo closes plant in Manaus
Global snacks and drinks giant PepsiCo has announced the closure of its factory in the Free Economic Zone of Manaus, reportedly after changes to taxes in the soft drinks sector. According to Exame, PepsiCo said that the decision to leave the region “was taken with the goal of efficiently managing our operations throughout Brazil and […]
Brazil: Unilever to expand facility in Minas Gerais
Consumer goods giant Unilever has announced an investment of R$127 million ($32.8 million) to expand its facility in Pouso Alegre, Minas Gerais, Brazil. According to an article in O Tempo, construction works are already in progress and operations are expected to start between April and May 2019. Unilever’s Pouso Alegre site currently produces stocks and […]
Mexico: La Comer announces plans to expand network to 100 stores
Mexican supermarket chain La Comer has announced plans to expand the chain to 100 new stores by 2022, according to a Forbes article. The announcement was made at a launch event for the chain’s C’est la Vie campaign, which will see more than 3,500 French products offered in the chain’s stores. Rogelio Garza, director of […]
Brazil: Grupo Pao de Acucar repositions and expands Qualita private label brand
Brazil’s leading supermarket chain Grupo Pao de Acucar has announced the decision to reposition its private label Qualita brand, launching a number of new sub-brands. According to the retailer’s press release, the private label’s entire product portfolio and pricing have been revisited, with the aim of offering quality items at a lower price than leading brands in […]
Brazil: Florestal Alimentos acquires Chocolates Planalto
Brazilian confectionery maker Florestal Alimentos has announced the acquisition of chocolate firm Chocolates Planalto. Florestal Alimentos and Chocolates Planalto are both base in the Rio Grande do Sul state in southern Brazil, but whilst Florestal Alimentos is specialised in sugar confectionery, Chocolates Planalto is focused solely in artisanal chocolate. The deal will enable Florestal Alimentos […]
Argentina: Grupo Bimbo to invest $20.1 million to increase export capacity
Multinational Mexican bakery company Grupo Bimbo will invest $20.1 million to boost production at the Argentinian plant of San Fernando, to supply neighbouring countries. Four new lines will be added to the existing lines of white and wholegrain bread products to produce pre-cooked frozen baguettes. “Since 1995, we have been betting on this great province, […]
Argentina: PepsiCo expands Mar Del Plata plant
Global food and drinks giant PepsiCo has announced the investment of over $28.7 million to expand its Mar Del Plata plant in Argentina. According to a statement released by PepsiCo, the investments made between 2017 and 2018 were used to improve the plant at a technical and structural level, adding a total of 7,490 sq […]
Brazil: Calu sells dairy plant to Polenghi
Calu, a Brazilian agricultural cooperative, has announced the sale of its plant in Uberlandia’s industrial district in Minas Gerais to dairy firm Polenghi, part of the French Savencia group. The deal follows suspension of construction at the site in 2015, with 90% of the works completed, due to the economic situation in Brazil. According to […]