Chile: Grands Chais de France announces two acquisitions
Les Grands Chais de France (GFC) has closed two deals in Chile, marking the French wine group’s entry into South America. According to sources, the company recently announced the acquisition of Vina Las Ninas, which was purchased in 2021, a 40 hectares vineyard based in the Alpata region. That deal was closely followed by another. […]
Brazil: Nestle Health Science acquires Brazilian plant-based firm Puravida
Nestle Health Science agreed to acquire the Brazilian organic, natural, plant-based nutrition and health lifestyle food maker Puravida. The fast-growing brand Puravida was founded in Sao Paulo in 2015 to promote health through nutrition. With this agreement, the brand will complement Nestle Health Science’s portfolio in different categories with increased reliable, nutritious, and high-quality products. […]
Brazil: Nestle to invest over BRL$1.8 billion in 2022
FMCG multinational Nestle has announced plans to invest over BRL$1.8 billion ($352.9 million) in Brazil this year. According to sources, 40% of this investment is planned to be applied to a new plant, located in Vargeao (Santa Catarina), to produce Nestle Purina products. The new factory is already under construction since January this year. The […]
Mexico: Industrias Bachoco to acquire RYC Alimentos
Mexican leading poultry processor, Industrias Bachoco has announced the acquisition of RYC Alimentos, a multi-protein meat processor, and distributor. The deal includes two processing facilities and around 21 stores located in four states of the Mexican Republic. Founded in 1983, RYC is a market leader in the meat industry, distributing premium quality food products in […]
Mexico: Constellation Brands to build a brewery in Mexico
Constellation Brands, the leading international beer, wine and spirits firm, has announced plans to build a brewery in southeastern Mexico with an estimated cost of $1.3 billion. The announcement comes two years after the closure of a nearly completed $1.4 billion plant in the city of Mexicali near the US-Mexico border after residents voted against […]
Mexico: Diageo to invest over $500 million to grow tequila category
Diageo, the leading alcoholic drinks firm, has announced its plans to invest more than $500 million to expand its tequila manufacturing footprint in Mexico. In a statement, the company said it was planning to build new facilities to expand production capacity in the state of Jalisco, creating over 1,000 jobs. “This exciting investment in Mexico […]
Brazil: Kraft Heinz to acquire sauces and condiments firm Hemmer
Kraft Heinz, the multinational food firm, has entered into an agreement to acquire the Brazilian sauces and condiments company Hemmer. Founded in 1915, Hemmer is makes pickled and preserved food, condiments, olive oil and beverages and has a portfolio of 250 products. The acquisition is part of Kraft Heinz’s strategy of growing its International Taste Elevation […]
Uruguay: PepsiCo to invest $64 million to expand concentrates facility
PepsiCo, the global snacks and drinks giant, has announced an investment of $64 million to expand its drinks concentrates factory in Uruguay. Located in the free trade zone of Colonia, PepsiCo’s facility is one of eight in the world dedicated to the preparation of beverage concentrates for PepsiCo’s portfolio brands such as Pepsi, Seven Up, […]
Brazil: Aryzta to sell Brazil bakery operations to Grupo Bimbo
Aryzta, the Switzerland-based manufacturer of bakery products, has announced the sale of its Brazil business to Mexican Grupo Bimbo, according to a report in Just Food. This sale is described as being in line with Aryzta’s commitment to focus its business on European and Asina markets. The company had earlier this year sold its North American business […]
Mexico: Diageo to buy Casa UM
Diageo, the leading alcoholic drinks firm, has announced the acquisition of Mexican Mezcal Union through beverage producer Casa UM for an undisclosed sum. Both companies had previously worked in partnership, which reportedly enabled Mezcal Union to grow its brand distribution network in Mexico, the USA, and other countries. With this acquisition, the company will continue […]