Brazil: Fhom launches “Brazil’s first” organic crisps
In an attempt to tap into the market for health-oriented and ethical snacking, Fhom Alimentos has launched Bem Organico Crisps, a product claimed to be the first organic product of its kind in Brazil, according to Diario do Grande ABC. According to information, the product line took over a year and more than R$250 million […]
Mexico: Bimbo to buy Canada Bread for $1,655 million
The Mexican company Grupo Bimbo has agreed to pay C$1,830 million (about US$1,655 million) to acquire all the shares of Canada Bread Limited. As part of the acquisition, Bimbo will pay C$72 (US$65) for each of the 25.4 million shares in the company, it is reported. According to a Bimbo statement, the purchase “will drive […]
Colombia: Casino strengthens presence in South America
Exito, a subsidy of French retailer Groupe Casino, has expanded its operations in Colombia through the acquisition of 19 Colombia Super Inter stores in 2014 and the operation of 31 remaining stores that will be subject to purchase in 2015. Casino has operated in 83 cities in Colombia through its Exito offshoot since 1999, mostly […]
Colombia: Coffee growers earmarking Gulf states for growth
The Colombian National Federation of Coffee Growers is looking to expand its reach in markets such as Kuwait and Dubai where consumers are willing to pay for luxury and high quality products, Portafolio is reporting. Colombia is the world’s largest coffee producer of washed Arabica coffee and exports beans to major markets including the United […]
Mexico: Emmi buys stake in Mexideli to support emerging market strategy
Swiss dairy producer Emmi has agreed a deal to acquire 50% stake in Mexican dairy importer Mexideli, Just Food reports. The value of the deal was not disclosed. The move comes as Emmi looks to approach its target of generating 50% of its sales from overseas markets. At presents, 43% of the company’s revenues are […]
Brazil: Supermarket sales grow in October
Sales in the supermarket sector grew 5.24% during the month of October compared to the previous month, according to a survey released on 27 November by the Brazilian Association of Supermarkets (Abras). Versus October 2012 sales were up 7.93%. Given the rate of growth in October, and a drop in the unemployment rate in Brazil […]
Brazil: Seletti and Diletto form partnership for low-calorie desserts
Brasil Alimentos reports that Seletti Health Food Company, which has a network of franchise outlets specialized in healthy eating, and Diletto Company, which produces handmade ice creams, have signed a new partnership for the launch of Seletti Ice Cream. The ice creams were specially developed by Diletto for Seletti and will go on sale in […]
Mexico: New ‘junk food’ taxes aim to tackle obesity crisis
The Mexican parliament has passed a new law imposing taxes on foods high in sugar, salt and saturated fat, the Guardian reports. The new taxes will increase the price of ‘junk foods’ by 8% and will also add one peso (approx 6 cents) to each litre of high-sugar drinks, with the money raised helping to […]
Spain: Campofrio takeover sought by Sigma Alimentos
Mexican frozen food manufacturer Sigma Alimentos has made a bid to acquire the business of Campofrio Food group, a Spanish producer of meat products and prepared foods. According to Sigma, the deal is in the order of $940 million. It will require the purchase of the remaining 55% of Campofrio shares – Sigma having already […]
Brazil: Country to be testbed for Subway’s new Chicken Lemon Pepper Sandwich
Brazilian magazine Brasil Alimentos has reported that Subway has launched its new chicken lemon & pepper sandwich exclusively in Brazil. The sandwich is made with chicken strips and cheese sauce base, with a squeeze of lemon and a touch of pepper. It joins a list of “lighter” option sandwiches available on the menu, as the […]