Brazil: Baly Brasil acquires factory in Ararangua
Baly Brasil, the Brazilian beverage manufacturer and leader in the national energy drink market, has acquired an industrial facility previously belonging to tobacco processor Alliance One in Ararangua, Santa Catarina, for an undisclosed sum. The acquisition of the 500,000-sq m site (including 100,000 sq m of built area) marks the establishment of Baly’s fourth manufacturing […]
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 […]