Brazil: Carrefour Express set for debut
Carrefour Express, the convenience store brand operated by the Carrefour Group, has arrived in Brazil with the opening of its first store in Sao Paulo. Located in the Tatuape area of the city, the store is 250 square metres in size and is designed to meet the growing need for stores nearer to homes and […]
Mexico: Heineken sells packaging operations to Crown
Heineken, the world’s third-largest brewer, has signed an agreement to sell Empaque, its packaging arm, to the American food packaging company Crown for $1.225 billion. As part of the deal, which is awaiting approval from the relevant authorities, Empaque will continue to be the packaging supplier for Heineken through a long-term contract. Reuters reports that […]
Brazil: L’Oreal to buy haircare group Niely
L’Oreal, the world’s largest cosmetics firm, has announced the signing of an agreement to acquire Niely Cosmeticos, Brazil’s largest independent hair coloration and hair care company. The value of the deal has not been disclosed. Niely Cosmeticos has two main brands – Cor & Ton for hair coloration and Niely Gold for shampoos and care […]
Brazil: BRF to sell dairy assets to Lactalis
Dairy firm Parmalat, a subsidiary of dairy giant Lactalis, is to acquire the dairy units of Brazilian food company BRF for $805 million. The deal will seee Lactalis Group will became the second largest dairy company in Brazil. “Lactalis intends to use the Parmalat brand in Brazil, as it does in other emerging markets”, said […]
Mexico: Nestle to reduce sodium and sugar levels in baby food
Nestle Mexico has announced its intention to reduce the quantity of salt and sugar in its Gerber baby food, Enfasis Alimentacion reports. The move is part of the campaign “United by Healthy Children” designed to emphasize the company’s commitment to healthy eating . The measure will affect around 100 baby food items in the coming […]
Chile: Barry Callebaut opens chocolate facility
Swiss chocolate producer Barry Callebaut is planning to expand its presence in Latin America with the opening of a new factory in Chile, its seventh factory in the region. The new factory will produce liquid chocolate and compounds for a variety of regional food manufacturers and confectionery companies located in Chile, Argentina, Uruguay, Paraguay and […]
Mexico: La Costena buys Faribault Foods
La Costena Group, a privately held global leader in a wide range of packaged foods categories, has announced that it has completed the acquisition of Faribault Foods, a privately held manufacturer of canned beans and vegetables based in Minneapolis. According to the agreement, Faribault Foods will be combined with La Costena’s US affiliate Arizona Canning […]
Brazil: JBS acquires Tyson Foods’ poultry business
Brazilian food giant JBS has announced that it is to acquire the business of poultry of Tyson Foods in Mexico and Brazil for $575 million. The announcement of the acquisition comes a month after Tyson and JBS battled for control of the American company Hillshire Brands, with the latter finally winning out. JBS said that […]
Mexico: Grupo Bimbo acquires Supan
Grupo Bimbo, the Mexico-based bakery conglomerate, has acquired the Ecuadorian bread company Supan, it has been announced. Terms of the deal were not released. The move is part of a move to further strengthen Bimbo’s footprint in the Americas, the company said in a statement. Supan operates in several categories in the bakery industry and […]
Colombia: Juan Valdez opens in Florida as competition with Starbucks heats up
Juan Valdez, the Colombian coffee shop chain backed by the the Colombian Coffee Federation, has opened its first outlet in Florida as it looks to take on Starbucks in the latter’s home market. Procaferol SA, the company which manages the Juan Valdez brand, has plans to open 60 new coffee shops in Florida over the […]