Spain: Grupo Lusiaves acquires Avicola Segoviana
Portuguese agri-food business Grupo Lusiaves has announced the acquisition of the Spanish poultry firm Avicola Segoviana. According to sources, Avicola Segoviana offers both processed and unprocessed products. It employs more than 60 people and has a turnover of €9.5 million ($11 million). Avelino Gaspar, president and founder of Grupo Lusiaves, said: “The integration of Avicola Segoviana […]
Brazil: Stella d’Oro acquires Bonduelle plant
Brazilian sauces and preserves manufacturer Stella d’Oro has announced that the firm has acquired assets from an industrial park that belonged to the French vegetable processor Bonduelle, in Cristalina, Goias. According to sources, the new facility constitutes Stella d’Oro’s first manufacturing unit in Brazil’s Central-West region. The move is intended to allow Stella d’Oro to […]
Brazil: Aurora Coop invests in plant expansion
Brazilian meat producer Aurora Coop has announced an investment of around R$210 million ($39.4 million) to modernise and expand its poultry slaughter and processing plant located in Tapejara, Rio Grande do Sul. According to sources, the updated plant was inaugurated on 18th November and is said to enable the company to increase its revenue to […]
Brazil: Bauducco invests $1.8 million to expand manufacturing facility
Brazilian bakery firm Bauducco has announced that the company is investing R$10 million ($1.8 million) to expand its Alagoas facility by installing a new production line. Starting this October, the Rio Largo factory, which opened in 2013, will produce the company’s panettone products Mini Panettones and Mini Chocottone. Both items are targeted at Christmas, which […]
Brazil: Grupo New Pet to expand with new production facility
Brazilian pet food firm Grupo New Pet has announced plans to open a new manufacturing facility in the state of Sao Paulo. According to sources, the new 40,000 sq m plant will be dedicated to the production of dry dog and cat food and it is expected to triple the group’s production capacity, which currently […]
Brazil: Tirolez signs agreement to acquire Levitare
Brazilian cheese manufacturer Tirolez has signed a contract for the full acquisition of Levitare, a company that specialises in buffalo milk products. According to sources, the deal marks Tirolez’s first acquisition and is in line with both firms’ plan to accelerate growth. Tirolez CEO Marcel de Barros said: “We identified in Levitare a mission and […]
Brazil: Baly Brasil invests $5.7 million to boost logistics
Beverage firm Baly Brasil has announced an investment of R$30.9 million ($5.7 million) to boost logistics and support the company’s global expansion plans. According to Giro News, Baly Brasil acquired the Itagres Revestimentos Ceramicos facility and associated equipment in Tubarao, Santa Catarina at a court auction, and has plans to convert it into a logistics […]
Brazil: Nestle to invest $185 million in Araras coffee factory
FMCG giant Nestle has recently announced that it is investing R$1 billion ($185 million), between 2025 and 2028, in its coffee factory in Araras, in Brazil’s Sao Paulo state. According to sources, the instant coffee facility will see a 10% increase in production capacity once the upgrades are complete. The factory modernisation is said to […]
Brazil: Lactalis invests $74 million in Rio Grande do Sul
Dairy firm Lactalis has announced that the company is investing R$400 million ($73.6 million) in the state of Rio Grande do Sul in order to expand its dairy production footprint in Brazil. According to Portal Datagro, the firm intends to spread the investment across five of its facilities in the state, with plans in particular […]
USA: Unilever to acquire Dr. Squatch
FMCG giant Unilever has announced that the company has acquired men’s personal care brand Dr. Squatch from growth equity firm Summit Partners. In a press release, Unilever said the addition of Dr. Squatch to the firm’s portfolio was part of its strategy to increase its number of premium and high growth products. Dr. Squatch is described by […]