Brazil: Gavea Investimentos takes stake in Natural One
Gavea Investimentos, a Brazilian investment fund, has received approval from regulatory authorities to take a 49.9% stake in fruit juice firm Natural One, according to a Reuters report quoting a dispatch from the Diario Oficial da Uniao. It had previously been reported that major global firms including Coca-Cola, Ambev and Britvic were vying to buy into […]
Brazil: Hypermarcas sells nappy business to Ontex Group
Pharmaceutical and consumer products manufacturer Hypermarcas has announced the sale of its disposable hygiene products business that includes nappies for babies and sanitary products for adults. Ontex Group, an international manufacturer of personal hygiene products, has acquired the business for R$1 billion ($312 million), according to a report in Supermercado Moderno. The divested business includes […]
Brazil: Britvic to acquire Bela Ischia
Global soft drinks giant Britvic has decided to acquire Brazilian juice company Bela Ischia for £54.5 million ($66.9 million) in order to expand its presence in Latin America. The deal is set to conclude at the latest by the end of March of this year. Bela Ischia produces and sells RTD juices, frozen fruit, liquid […]
Brazil: Diageo launches Smirnoff X1 vodka drinks
Diageo, the global spirits giant, is set to launch a new line of vodka and fruit juice drinks in Brazil under the name Smirnoff X1. The new drinks range – available in the varieties Strawberry & Lime, Triple Citrus and Brazilian Berry – is described as being the first vodka product in Brazil to be sold […]
Brazil: SC Johnson to acquire insect repellent and detergent assets
SC Johnson, the US household and personal care firm, is to acquire insect repellent brand Exposis and assets under the Lysoform brand as it looks to strengthen its position in Brazil. Insect repellent brand Exposis is available exclusively over the counter in pharmacies throughout Brazil. It uses Picaridin as the active ingredient to repel mosquitoes […]
Brazil: Sorvetes Jundia opens first store
Brazilian ice cream manufacturer Sorvetes Jundia has announced the opening of its first physical store, which is located in the city of Sao Paulo. The opening is described as being part of the celebrations for the company’s 40th anniversary in 2017. The concept store, on the corner of Alameda Lorena and Rua da Consolaçao, will […]
South Africa: Spirit of Rooibos launches namesake drink
South African spirits firm Spirit of Rooibos is launching a new eponymous rooibos (redbush tea) spirit promoted as a “premium triple distilled neutral spirit, craft infused with natural organic rooibos”. According to Fastmoving, the drink is created from sugar cane by a professional distillery, before being supplied to a bottling plant where the rooibos is […]
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 […]
Brazil: BRF launches multigrain margarine
Brazilian food conglomerate BRF is launching a multigrain margarine product under its Qualy brand, according to a report in Giro News. Qualy Multigrain Margarine is described as containing the benefits of six whole grains – flax, oat, chia, quinoa, sunflower and sesame – and comes in 250g tubs with an RRP of 4.70 BRL ($1.37). […]
Brazil: Petropolis vying to acquire Brasil Kirin assets – reports
Brazilian company Grupo Petropolis, owner of the beer brand Itaipava, is among the firms to have declared an interest in acquiring the assets of alcoholic drinks firm Brasil Kirin, according to a report in Supermercado Moderno quoting O Estado de Sao Paulo. It is reported that Grupo Petropolis has organised visits to three of Brasil […]