Brazil’s Ricardo Faria Acquires US Egg Producer Hillandale Farms
Ricardo Faria, a Brazilian entrepreneur known as the ‘Egg King’, has reportedly acquired US egg producer Hillandale Farms in a significant $1.1 billion transaction. Reports...
Tag : Brazil
Tanmiah Partners with Brazilian Poultry Leader Vibra Agroindustrial through MoU
Saudi poultry company Tanmiah Food has entered into a Memorandum of Understanding (MoU) with Brazilian firm Vibra Agroindustrial. This agreement seeks to explore “potential investment...
Acon to Invest in Brazilian Food Company KiSabor
Acon Investments has finalized a deal to invest in KiSabor, a prominent manufacturer and distributor of consumer food products in Brazil. The financial specifics of...
Kellanova Increases Investment in Brazilian Production Facility
Kellanova, the U.S. snacks and cereals business acquired by Mars last year, is significantly increasing its investment in its Brazilian production plant. The company has...
Grupo Bimbo Expands Presence in Brazil with Acquisition of Wickbold
Grupo Bimbo, the prominent Mexican bakery conglomerate, is significantly enhancing its presence in the Brazilian market through its latest acquisition of Wickbold, a local bakery...
Brazil’s Conditional Approval Given to Minerva’s Asset Deal with Marfrig
Minerva Foods and Marfrig Global Foods have received regulatory approval for an asset deal between the two companies. The deal, valued at 7.5bn reais ($1.3bn),...
Introducing Flavoured Brazil Nut Snacks to the UK by Truly Nuts! and CLF Distribution
Truly Nuts! a White Lion Foods Company is pleased to announce its strategic partnership with the UK’s largest natural and organic wholesaler, CLF Distribution. This...
Cargill Facing Accusations of Child Labor Practices on Brazilian Cocoa Farms
According to a Reuters report, Cargill has been ordered by the 39th Labor Court in Bahia, Brazil to include clauses in its contracts with Brazilian...
Majority stake in Brazil’s premium chocolate company to be acquired by Nestlé
Nestlé, a prominent player in the food and beverage industry, is set to acquire a majority stake in Brazil’s premium chocolate company, Grupo CRM. This...
JBS Launches Three Fresh Environmentally-Friendly Offices in Brazil to Promote Safe and Compliant Farming
JBS, a Brazilian beef industry leader, is expanding its Green Offices (GO) program with the opening of three new offices in AraguaÃna, Naviraà Vilhena. The...