USA: Tiger Brands to sell minority stake in Empresas Carozzi
South African consumer goods firm Tiger Brands has announced plans to sell its minority stake in Empresas Carozzi, a Chilean food and drinks manufacturer, to Carozzi, which already has a 75.61% share in the company. Founded 126 years ago, Empresas Carozzi produces grains, confectionery, sauces, baked goods, beverages, ice cream, and pet food that are sold […]
Chile: Carozzi launches Vivo water with fruit juice
Carozzi, the Chilean consumer goods firm, has entered the flavoured water category with the release of two products blending water with fruit juice under the company’s wellness brand Vivo. According to a report in Tecnomercado Retail, the new water is purified, contains fruit juice and is claimed to be unique in the market by virtue […]
Chile: Carozzi acquires Alimentos Pancho Villa
Carozzi, the Chile-based food, non-alcoholic drinks and pet care multinational, has announced the acquisition of 100% of the shares in Alimentos Pancho Villa, a company in the flour and corn tortilla segments that manufactures wraps, burritos, corn chips, sauces and seasonings. The transaction is said to have closed at 7,643,000 CLP ($11.1 million), corresponding to […]