USA: Chiquita announces definitive merger agreement with Cutrale-Safra
The uncertainty over the future of the Chiquita business appears one step closer to being resolved as the company announced that it had signed a definitive merger agreement with Cutrale Group and Safra Group. In August, Chiquita announced that it had received an unsolicited offer from the two Brazilian companies – the former one of […]
Industry Insight: Carlos Mateo, Sweetwell
Gama spoke to Carlos Mateo, Chief Executive Officer, Sweetwell. What are your day-to-day activities as General Manager? I organize my work, and that of our key managers, around two key priorities: furthering projects that are of strategic importance to the company, and carrying out essential daily tasks. What key trends do you expect to […]
Chile: Equivalenza partners with Walmart for 80 new store openings
The low cost Spanish perfumery chain Equivalenza has announced that has secured an in-store agreement to open 80 stores in Chile in Walmart’s commercial centres, America Economia reports. While some of the stores will be located in Walmart shopping centres, Espacio Urbano, many will be located in Lider hypermarkets and Lider Express stores. According to […]
Mexico: Patron Spirits introduces Patron XO Cafe Incendio
Patron Spirits has announced the launch of a “fiery-hot” chilli chocolate liqueur called XO Cafe Incendio to its portfolio of ultra-premium luxury spirits. The new product is described as combining the taste of Patron Silver tequila with fiery-hot Arbol chilli, said to be characterized by its smoky and spicy complex flavour, and Sweet Criollo Chocolate, […]
Industry Insight: Cristiana Arcangeli, Beauty’in
Gama spoke to Cristiana Arcangeli, Chief Executive Officer, Beauty’in. What are your day-to-day activities as Chief Executive Officer? I am involved in all processes, but am more focused in product development, marketing and sales. I also do research into new ingredients, packaging, and marketing strategy. What key trends do you expect to shape food […]
Brazil: Carrefour Express set for debut
Carrefour Express, the convenience store brand operated by the Carrefour Group, has arrived in Brazil with the opening of its first store in Sao Paulo. Located in the Tatuape area of the city, the store is 250 square metres in size and is designed to meet the growing need for stores nearer to homes and […]
Mexico: Heineken sells packaging operations to Crown
Heineken, the world’s third-largest brewer, has signed an agreement to sell Empaque, its packaging arm, to the American food packaging company Crown for $1.225 billion. As part of the deal, which is awaiting approval from the relevant authorities, Empaque will continue to be the packaging supplier for Heineken through a long-term contract. Reuters reports that […]
Brazil: L’Oreal to buy haircare group Niely
L’Oreal, the world’s largest cosmetics firm, has announced the signing of an agreement to acquire Niely Cosmeticos, Brazil’s largest independent hair coloration and hair care company. The value of the deal has not been disclosed. Niely Cosmeticos has two main brands – Cor & Ton for hair coloration and Niely Gold for shampoos and care […]
Brazil: BRF to sell dairy assets to Lactalis
Dairy firm Parmalat, a subsidiary of dairy giant Lactalis, is to acquire the dairy units of Brazilian food company BRF for $805 million. The deal will seee Lactalis Group will became the second largest dairy company in Brazil. “Lactalis intends to use the Parmalat brand in Brazil, as it does in other emerging markets”, said […]
Mexico: Nestle to reduce sodium and sugar levels in baby food
Nestle Mexico has announced its intention to reduce the quantity of salt and sugar in its Gerber baby food, Enfasis Alimentacion reports. The move is part of the campaign “United by Healthy Children” designed to emphasize the company’s commitment to healthy eating . The measure will affect around 100 baby food items in the coming […]