Brazil: Tirolez signs agreement to acquire Levitare
Brazilian cheese manufacturer Tirolez has signed a contract for the full acquisition of Levitare, a company that specialises in buffalo milk products. According to sources, the deal marks Tirolez’s first acquisition and is in line with both firms’ plan to accelerate growth. Tirolez CEO Marcel de Barros said: “We identified in Levitare a mission and […]
Argentina: Carrefour acquires Super A chain
Carrefour, the leading French supermarket chain, has announced the acquisition of the Super A supermarket chain, which operates 16 stores in the western Argentinian province of Mendoza, for an undisclosed amount. As part of the deal, all Super A locations will be rebranded as Carrefour Express and will begin operating under the new banner this month. […]
Brazil: Baly Brasil invests $5.7 million to boost logistics
Beverage firm Baly Brasil has announced an investment of R$30.9 million ($5.7 million) to boost logistics and support the company’s global expansion plans. According to Giro News, Baly Brasil acquired the Itagres Revestimentos Ceramicos facility and associated equipment in Tubarao, Santa Catarina at a court auction, and has plans to convert it into a logistics […]
Brazil: Nestle to invest $185 million in Araras coffee factory
FMCG giant Nestle has recently announced that it is investing R$1 billion ($185 million), between 2025 and 2028, in its coffee factory in Araras, in Brazil’s Sao Paulo state. According to sources, the instant coffee facility will see a 10% increase in production capacity once the upgrades are complete. The factory modernisation is said to […]
Brazil: Lactalis invests $74 million in Rio Grande do Sul
Dairy firm Lactalis has announced that the company is investing R$400 million ($73.6 million) in the state of Rio Grande do Sul in order to expand its dairy production footprint in Brazil. According to Portal Datagro, the firm intends to spread the investment across five of its facilities in the state, with plans in particular […]
Venezuela: Unilever finds buyer for ice cream business
Unilever, the multinational consumer goods giant, has announced it has announced a buyer for its ice cream business in Venezuela in the shape of Mack de Venezuela, a Colombian automotive company. The transaction includes both the Tio Rico brand and its associated factory. Commenting on the move, a Unilever spokesperson said: “In accordance with our focus […]
Brazil: Nestle to invest $1 billion over three years
Nestle, the consumer goods giant, has announced plans to invest R$7 billion ($1.26 billion) over the next three years to boost production capacity and upgrade its factories. Brazil is Nestle’s third-biggest market worldwide, behind only the US and China, generating revenues for the company of $5 billion in the past year The investment includes R$500 million […]
Mexico: Heineken unveils $2.75 billion investment
The Mexico division of brewing giant Heineken has announced a $2.75 billion investment, including a new brewery in Kanasin, Yucatan. In a statement, the company said the investment would enable it to continue driving sustainability efforts under its global “Delivering a Better World” strategy, with its new factory expected to to generate over 2,500 jobs […]
Brazil: Nestle boosts coffee business with R$500 million investment
Consumer goods giant Nestle has announced it is investing R$500 million ($90 million) in its Brazilian coffee operations between now and 2028 to expand production capacity, grow its Nestle Professional machine fleet and accelerate consumer-focused innovation. A key focus for the new investment is said to be the Nescafe Dolce Gusto factory in Montes Claros, Minas Gerais, […]
Brazil: Lowcucar expands manufacturing facilities
Lowcucar, a Brazilian firm specialising in low sugar products, has announced that it is investing in its manufacturing plant in order to strengthen production capacity and efficiency. According to sources,the company has acquired new equipment to expand its biscuit line, in addition to investing in the automation of packaging processes. Following the upgrades, production capacity is estimated […]