Brazil: Yves Rocher plots new foray with 10 store openings
Yves Rocher, the leading French manufacturer of natural health & beauty products, has revealed that it intends to establish its first dedicated outlets in Brazil, with 10 stores to open by the end of 2014. Speaking to a French website, Arnaud Williart, the company’s Director of Africa, Middle East & Brazil said that the firm […]
South America: Nestle and Fonterra joint venture to be discontinued
Nestle has announced that it is to resume dairy production in various parts of South America in a deal that sees it buy back a number of facilities from dairy multinational Fonterra, as the two companies review their partnership in the region. Nestle and Fonterra first signed an agreement on dairy production in the continent […]
Innovation Insight: Batavo Yogoflan
Enhancing the sensory and indulgence appeal of yogurt is the strategy behind a new Brazilian product line featured by Gama this week – Batavo Yogoflan. Marketed with the tagline “as delicious as a dessert, as healthy as yogurt”, Batavo Yogoflan is a further example of how yogurt is increasingly turning to indulgence as well as […]
Colombia: Alqueria to invest €13 million over next three years
The Colombian dairy company Alqueria has announced plans to invest $13 million ($17.8 million) in its business over the next three years to upgrade its production facilities and expand into new markets. The company currently produces 300 million of litres of milk per year but, as a result of the investment, intends to increase capacity […]
Mexico: Bimbo / Canada Bread deal receives approval
Grupo Bimbo, S.A.B. de C.V.’s acquisition of Canada Bread Co. Ltd. is set to close on May 23rd after the Canadian Minister of Industry gave approval for the transaction to be completed. Food Business News reports that the transaction previously received shareholder approval and clearance under the Competition Act and the Hart-Scott-Rodino Act. It also […]
Brazil: Sagatiba launches limited edition cachaca to celebrate 10th anniversary
Sagatiba, a leading producer of the Brazilian sugar cane spirit cachaca, is marking its 10th anniversary with the launch of a special edition bottle design. Unveiled in 2004, Sagatiba has now completed its first decade in business and is marking the occasion with a new design which is described as promoting the genuine ‘Brazilianness’ of […]
Brazil: Avon creates virtual Facebook store
Avon, the world’s leading direct sales cosmetics company, is expanding its social media presence in Brazil with the launch of a new virtual shop on Facebook. Dubbed ‘Avon Beleza Vitrine’, the new portal will alow the company to promote its products and facilitate communication with its resellers. Customers will be able to ‘like’ Avon products […]
Brazil: Ducoco Alimentos launches coconut water for kids and forms new partnership with WWF Brazil
In Brazil, Ducoco Alimentos e Bebidas, the manufacturer of the brands Ducoco and Menina, has launched a new line of coconut water targeting kids, a product described as the first of its kind for the country. The coconut water drink, a blend of coconut water and fruit juice, is sold in 200ml cartoons and is […]
Mexico: Beiersdorf to open new factory by middle of the year
Beiersdorf has announced that its new facility in Mexico City, Mexico will be complete by the middle of this year, in a project described by CEO Stefan Heidenreich as the company’s most ambitious anywhere in the world. With an investment of $130 million, the new plant will act as a regional laboratory where products targeted […]
Mexico: SCA to invest $31.5 million in 2014
Svenska Cellulosa Aktiebolaget (SCA), the Swedish manufacturer of paper products, is to invest $31.5 million in Mexico in 2014, El Universal reports. In an interview with the Mexican newspaper, Pablo Fuentes, CEO of Svenska Cellulosa Aktiebolaget in Latin-America, explained that the funds would be used to expand a factory in Ecatepec as well as boosting […]