Brazil: Ambev acquires Do Bem juices
Ambev, the Brazilian beer and soft drinks firm, has officially announced the acquisition of Brazilian juice brand Do Bem, according to reports in Giro News and Globo. The official confirmation puts to an end a number of months of speculation about a possible deal, although no figures have been disclosed and it is currently unclear […]
Mexico: Bimbo to sell Panrico bread assets to Adam Foods
Mexican bakery firm Grupo Bimbo has reached an agreement to sell the bread brands of Panrico and other assets in Portugal, Spain and Andorra, including production units, to Iberian food group Adam Foods, according to a report in Jornal De Negocios. The move is a result of a change to Bimbo’s previous acquisition agreement in […]
Brazil: Forno de Minas launches Fit cheese bread
Forno de Minas, the leader in the frozen pao de queijo segment in Brazil, has launched a new version of the Brazilian ‘cheese bread’ that targets health-conscious consumers. Unlike conventional pao de queijo, Forno De Minas Fit Pao De Queijo is described as wholegrain, multigrain, free of lactose and gluten, and a source of protein, […]
Brazil: Jacobs Douwe Egberts announces intention to acquire Cafe Seleto
Jacobs Douwe Egberts (JDE), the ‘pure play’ coffee firm formed from the merger of DE Master Blenders and Mondelez International in 2014, has announced its intention to acquire the Brazilian coffee firm Cafe Seleto, according to reports in Giro News and Supermercado Moderno. The owner of the Cafe Pilao brand announced its plans on 15th […]
Brazil: BRF announces acqusition of Campo Austral
BRF, the Brazilian meat conglomerate, has announced that it has acquired the Argentinean firm Campo Austral, according to a report in Giro News. Campo Austral operates a chilled pork facility in San Andres de Giles, near Buenos Aires, processing the equivalent of 3,000 tonnes of fresh meat per month for both domestic and export markets. […]
Uruguay: Danone launches ring-pull yoghurt pack
Danone Uruguay, a division of the dairy and drinks multinational Danone, has announced the launch of a new line of yoghurts that uses an unusual pack device to target on the go consumption. According to Montevideo Portal, the new Ser Click range is exclusively Uruguayan and has been designed to fit “dynamic and modern lifestyles”. […]
Brazil: Pandurata Alimentos to invest $66 million
Pandurata Alimentos, the Brazilian bakery firm, has announced an investment totalling $66 million to increase production of cakes and biscuits, as well as on the construction of a new distribution centre. The firm, which owns the Bauducco, Visconti and Tommy brands, is set to make the invesmtent over the next two years. The stated goal […]
Argentina: P&G to invest $50 million
US-based multinational Procter & Gamble has announced the investment of $50 million in production facilities and other projects in Argentina from 2016 to 2017. In a statement, the firm said that the investment included the expansion of existing local operational capacity, as well as incorporating the latest technology into its Pampers line of nappies. Additional […]
Uruguay: Plucky opens new production plant
Uruguayan firm Plucky, a producer of confectionery, snack and ice cream products and part of the multinational Bimbo group, is to open a new plant to manufacture products with significant export potential, according to a report in El Pais. Among the products set to be manufactured at the new plant are cereal bars, sandwich cookies, […]
Brazil: Mondelez and BRF reach new agreement for the distribution of Philadelphia
BRF, the leading Brazilian meat processing firm, has announced the acquisition of K&S Alimentos, the firm formerly responsible for the production and distribution of Philadelphia branded products in Brazil. In an official statement released on 18th March, BRF explained that the new deal would effectively bring to an end the previous arrangement for the production […]