South Africa: Rhodes Food Group to acquire Pakco
Rhodes Food Group, the South African food firm, intends to acquire 100% of instant food maker Pakco for shares valued at $14.6 million, according to a report in Business Day Live. Rhodes Food Group is a food manufacturing company with brands such as Bull Brand, Bisto, Magpie and Squish and is active in categories including […]
Brazil: Bimbo launches bread with cacao
As part of its Nutrella Supreme branded line of nutritionally-enhanced breads, bakery giant Bimbo has unveiled a new sliced loaf named Cereals & Cacau in Brazil, according to an article in Giro News. Nutrella Supreme Wholegrain Bread with Cereals & Cacau is promoted as high in fibre and is said to combine sweet and savoury […]
Brazil: Puig acquires minority stake in Granado
Puig, the fashion and fragrance giant, has bought a minority stake in the Brazilian toiletries firm Granado, according to reports in Reuters and Cosmetics Business. The Spanish firm, which is behind the Jean Paul Gaultier and Carolina Herrera brands, is to acquire a 35% stake in Grupo Granado for around R$500 milllion ($155 million), according […]
Brazil: Coca-Cola FEMSA to acquire bottler Vonpar in $1 billion deal
Coca-Cola FEMSA, the biggest Coca-Cola bottler in the world by volume, is set to acquire the Brazilian bottling firm Vonpar, according to an article in Correio do Povo. Under the terms of the deal, Coca-Cola FEMSA will reportedly acquire 100% of the shares in the firm, which is one of the largest private Coca-Cola bottlers […]
Chile: Watt’s to acquire Danone Chile
Watt’s, the Chilean food firm, has announced that it is acquiring the Chile arm of dairy multinational Danone. The deal includes 100% of the shares in Danone Chile SA, as well as a production facility in the city of Chillan and the domestic milk and yoghurt brand Calan. The Chilean firm said it had also […]
Mexico: Grupo Lala expands to US with new business division
Mexican dairy company Grupo Lala has announced the creation of a division in the US under the name Lala US, to be headquartered in Dallas, Texas. This decision, furthering the firm’s presence in the US market, comes after the $246 milliun acquisition of US-based Laguna Dairy in May. According to the source, the US arm […]
Brazil: Nestle presents dual filtration technology for Nescafe
The Brazilian arm of FMCG giant Nestle has released new dual filtration technology for its Nescafe instant coffee that reportedly ensures that only the best flavours end up in each cup of coffee. According to an article in Revista Alimentos e Bebidas, the concept is unprecedented in Brazil and allows the consumer to experience a coffee […]
Brazil: P&G to cease producing Ariel powder detergent
US multinational Procter & Gamble has announced the closure of a plant in Anchieta, Brazil, ceasing production of Ariel powder detergent in the country. According to Revista Exame, the plant, which is located in the Sao Paulo region, employs around 175 staff, some of whom will be transferred to other company factories in Brazil. P&G […]
Brazil: J Macedo releases new line in partnership with Buddy Valastro
Brazilian food manufacturer J Macedo has announced an investment of R$30 million ($9.2 million) to launch new products and revamp the packaging of existing products under the Dona Benta brand through a partnership with celebrity chef Buddy Valastro. According to Meio & Mensagem, J Macedo will launch a Dona Benta Delicias (‘Delicacies’) line featuring the […]
Brazil: Piracanjuba launches quinoa, flax and chia drink
Piracanjuba, a Brazilian producer of drinks and dairy products, has announced the launch of a new dairy drink made with quinoa, chia and flax. Piracanjuba Quinoa and Flaxseed + Chia Drink is described as combining the various different nutrients present in quinoa, chia seeds and flaxseeds, such as fibre, protein, vitamins, minerals and fatty acids. […]