Brazil: Dr Schar to acquire Beladri
Italian-based gluten free company Dr Schar has announced the acquisition of Beladri, a Brazilian firm that has been producing gluten free products exclusively for 11 years. According to Giro News, Dr Schar has been studying ways to expand its portfolio in the Brazilian market and Beladri was seen as an opportunity to achieve that goal. […]
Brazil: McCain to take 49% stake in Forno De Minas
Potato and frozen food specialist McCain, via its Brazilian subsidiary, is taking a 49% stake in Forno De Minas, a manufacturer of traditional Brazilian pao de queijo (‘cheese bread’), according to a report in Foodbev. Founded in 1990, Forno De Minas manufactures a range of frozen and fresh products including waffles, filled pasta and puff […]
Mexico: Grupo Modelo enters food space with hot sauce launch
Mexican brewer Grupo Modelo, owned by global beermaker AB InBev, is entering the food space with the launch of a bottled hot sauce, according to a report in Periodico Central. The firm’s Chingona Sauce is being launched under the name Victoria – a local beer brand – in a venture that reportedly represents 30% of […]
Brazil: Nestle to launch organic oat products
The Brazilian arm of consumer goods giant Nestle has announced that it is set to expand its cereal offering with the launch of two organic cereal products in March. Noting “the promising potential of the organics market” in Brazil, Nestle said it was planning to launch its organic oats in the varieties Flocos De Aveia (Large […]
Brazil: Nestle launches Nescafe Smoovlatte powdered drinks
FMCG giant Nestle has introduced a new powdered drink under the Nescafe Smoovlatte brand in Brazil. According to Nestle, the launch is in line with global trends and is aimed at introducing coffee to young adults. The new drink, which marks the entry of the Nescafe brand to the powdered “frappe” category in Brazil, is […]
Brazil: M Dias Branco to acquire Piraque
M Dias Branco, the market leader in biscuits and pasta in Brazil, has announced that it has agreed a deal to acquire its rival Piraque in a deal worth R$1.5 billion ($475 million). The company, which owns brands such as Adria, Richester and Vitarella, said that “the translation reflects M Dias Branco’s commercial strategy of […]
Brazil: Kellogg invests in factory expansion
Cereal and snacks giant Kellogg has announced an investment of R$215 million ($68 million) to expand a factory belonging to subsidiary Parati, located in Sao Lourenco do Oeste, Brazil. Kellogg acquired Parati in 2016 for R$1.38 billion ($429 million), the company’s largest acquisition in Latin America to date. Parati operates two facilities in Santa Catarina […]
Brazil: Kobber launches tapioca snack bars
Kobber, a Brazilian manufacturer of bakery and snack products, is launching a line of snack bars based on tapioca, according to a report in Giro News. The new products are described as featuring an exclusive recipe that incorporates tapioca flakes. They are promoted as being gluten free and low in sodium, and are as flagged as containing only […]
Brazil: Lactalis acquires Itambe Alimentos
Lactalis, the global dairy giant, is to cement its presence on the Brazilian market with the acquisition of milk processor Itambe Alimentos from CCPR, a dairy cooperative based in Minas Gerais. CCPR excercised a right to acquire the outstanding 50% of Itambe Alimentos from fellow Brazilian firm Vigor, following the latter’s acquisition by Mexican dairy giant […]
Brazil: Yoki launches RTD functional tea
Brazilian food and beverage manufacturer Yoki Alimentos has recently expanded its beverage range by entering the ready to drink functional tea market. The new tea has been launched under the Yoki Mais Vita brand and all the varieties are claimed to be free from sodium, calories, sugar and carbohydrates. Four variants have been introduced in […]