Brazil: Bacardi and Beam Suntory seal distribution agreement
Bacardi has signed an agreement with leading spirits producer Beam Suntory to distribute the latter’s range of products in Brazil. The agreement includes Teacher’s, the top selling Scotch whisky brand in Brazil, and the bourbon brands Maker’s Mark and Jim Beam. The partnership aims at expanding Beam Suntory’s geographical reach and strengthening its long-term commitment […]
Uruguay: Gloria Group to close dairy plant
Gloria Group, Peru’s leading player in milk and dairy products, has announced the closing of its subsidiary Ecolat Uruguay S.A. The Uruguayan company, which was acquired by the Peruvian conglomerate in 2012, was the second biggest exporter of dairy products in the country and employed 400 people. According to reports, the viability of the plant […]
Uruguay: Helados Conaprole launches Splash De Frescura Ice Cream
Helados Conaprole has added a new limited edition Splash De Frescura (‘Fresh Splash’) variety to its ice cream range for the summer season in Uruguay. Described as a “refreshing strawberry and mango sorbet made with natural fruit puree”, Splash De Frescura is said to feature a texture and flavour that allow for new ways of […]
Brazil: British American Tobacco considers buying out minorities of Souza Cruz
British American Tobacco (BAT) has revealed that it is considering buying out the minority of its Brazilian unit, Souza Cruz SA, thus allowing it to take full control of the largest tobacco company in Brazil, according to a report in Bloomberg. BAT said that it was evaluating a possible public tender offer to acquire up […]
Mexico: San Rafael launches turkey breast sausage
San Rafael has introduced a product which is described as the first sausage made with turkey breast on the Mexican market. Promoted as a healthy part of a main meal, each sausage contains 7.7 grams of protein and 101 calories. Packs contains eight sausages in two separate portions to maintain freshness. Commenting on the launch, […]
Brazil: Coca-Cola to invest R$ 2.7 billion in 2015
Coca-Cola Brazil is to invest R$ 2.7 billion ($0.95 billion) in new production and distribution capacity over the course of 2015, according to a report in Supermercado Moderno. The sum, part of a planned investment of R$ 4.1 billion for the period 2012-2016, will be used to open five new production lines and two distribution […]
Brazil: Muffato plans expansion in 2015
Muffato, a supermarket chain based in the state of Parana in the south of Brazil, has announced plans to extend its presence with the opening of three new stores over the course of 2015. The expansion, the result of an investment of around R$ 100 million ($36 million) involves the opening of two supermarket outlets […]
Mexico: Pernord Ricard to sell Caribe Cooler brand to Bepensa
Pernord Ricard has announced that it has signed an agreement to sell the Mexican FAB brand Mexican Caribe Cooler to Grupo Bepensa. The company said the sale was in line with the strategy of focusing on its wine and spirits business. The deal will include the bottling line related to the production of Caribe Cooler […]
Mexico: Grupo Modelo to invest in Yucatan
Grupo Modelo is to build a new plant in Yucatan, Mexico to expand its beer production, according to an article in El Economista. The 2,200 million peso ($151.7 million) investment is designed to increase Modelo’s production capablitiies. The facility will have an initial capacity of 5 million hectolitres per year, but this is expected to […]
Mexico: Grupo Bimbo to acquire the bakery division of Saputo Inc
Mexico’s Grupo Bimbo has made another step towards strengthening its position in Canada, reaching an agreement to acquire, through its subsidiary Canada Bread Company Ltd, the total shares outstanding of Saputo Bakery Inc., a subsidiary of Saputo Inc. Canada Bread joined the Grupo Bimbo business last February having been acquired from Maple Leaf Foods for […]