Hormel Foods Divests Its Brazilian Operations
Hormel Foods has decided to divest its Brazilian operations, transferring control to local food manufacturer Zanchetta Alimentos as part of its initiative to “simplify and...
Tag : Brazil
Amcor Launches First Moda Vacuum Sealing Lines in Brazil via Strategic Partnership with Barra Mansa Alimentos
Amcor, a prominent name in sustainable packaging solutions, has introduced the first Moda rotary vacuum chamber sealing technology in Brazil, collaborating with Barra Mansa Alimentos,...
French Dairy Giant Savencia Acquires Brazil’s Quatá Alimentos
In a significant move within the dairy industry, French dairy group Savencia Fromage & Dairy has recently reached an agreement to acquire its Brazilian counterpart,...
Switzerland’s Hero Purchases Brazilian Snack Brand Super Saude
Switzerland’s Hero Group has expanded its footprint in Brazil by acquiring a majority stake in local snack company Super Saude Nutricional. Established in 2013, Super...
Brazil Reports First Case of Bird Flu in Commercial Poultry Farm
Brazil, recognized as one of the globe’s leading producers and exporters of poultry, has reported its inaugural bird flu outbreak at a commercial farm. The...
JBS to Invest in Four Seara Facilities in Brazil
Meat giant JBS recently announced plans to invest 216 million reais ($37.8 million) across four Seara sites located in southeastern Brazil. The investment primarily aims...
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...
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...