Arla Foods has invested significantly in overseas expansion, including in emerging markets, to look for avenues for future growth. The European dairy co-op's moves in developing markets have largely centred on Russia, China and Africa but it is also stepping up its activity in Latin America. Dean Best spoke to Arla executive vice president to find out more.
Brazil's Vigor, created when meat giant JBS listed the business last year, wants to be the largest dairy company in the country. Two months ago, Vigor invested in rival Itambé, a deal that enabled it to take the number three spot in the Brazilian dairy sector. However, as Paula Krizanovic discovers, Vigor CEO Gilberto Xandó has grander ambitions for the business.
PepsiCo is reportedly in talks to acquire Brazil-based dairy group Vigor Alimentos.
Vigor, the Brazil-based food group, saw sales and profits rise in 2015, with the company seeing revenues from its grocery and spreads business more than double.
Brazilian dairy group Vigor said it expanded its market share of the Brazilian dairy category when it booked a jump in third-quarter sales.
This week's result round-up includes a positive start to the year for UK own-label group Bakkavor, better sales but pressure on profits for Canada's Weston Foods and a slide in revenue at French poultry group Duc.
Brazilian dairy group Vigor has booked higher reported and underlying sales and profits for 2014.
Brazilian dairy group Vigor Alimentos benefited from its strategy to focus on value-added dairy and spread products in the third quarter of the year, with EBITDA rising by almost one half.
Brazilian dairy Vigor is planning to set up a plant in the state of Rio de Janeiro as it looks to continue its expansion within the country.
Brazilian dairy Vigor has named Victor Machado as its new CFO.
Vigor Alimentos CEO Gilberto Xandó is to temporarily take on the position of CFO and investor relations officer as Mauricio Hasson exits the Brazilian dairy group.
After General Mills' move to buy Annie's, M&A advisor Stefan Kirk took to just-food's pages to argue Lifeway Foods could be a takeover target for Danone. General Mills, meanwhile, battling to improve the performance of its US business revealed it will close two plants. And we took a look at the most eye-catching products being showcased at the Natural Products Expo East show in Baltimore.
Arla Foods' move to change its business relationship with Brazilian dairy group Vigor opens up access to 40,000 retailers in the country.
Arla Foods has acquired a stake in Brazilian dairy company Vigor Alimentos.
Brazilian dairy group Vigor saw sales and profits rise in the first half of 2014 as it benefited from the acquisition of 50% of local peer Itambe and continued to push "value-added" products.
Fourteen companies have expressed interest in BRF's dairy business, the Brazilian food group has revealed.
Brazilian firm Vigor will attain a dairy plant local food giant BRF was building in Rio de Janeiro state, a source said today.
The chief executive of Brazilian dairy company Vigor has insisted "the main challenges are behind us" after lower growth in the sector weighed on earnings.
Brazilian dairy processor Vigor has recorded a set of mixed first-quarter results, with sales up but EBITDA and net income lower year-on-year.
China dominated our headlines in the first part of the week. Swiss firm Hero Group was forced to defend the safety of its infant formula in the country after allegations a local distributor mislabelled products. Wal-Mart, meanwhile, issued a statement to reiterate its expansion plans in China after it emerged it would close three stores there. Emerging markets continued to feature heavily, with news Qatar had bought a majority stake in Indian group Bush Foods Overseas. And we interviewed the CEO of ambitious Brazilian dairy group Vigor.
This week saw just-food speak with a number of company executives including the chief marketing officer of Burton's Biscuit Co. about the firm's plans and Vigor CEO Gilberto Xandó about the Brazilian dairy group's ambitions. Meanwhile, just-food published an in-depth analysis of our recent confidence survey, which brought together the opinion of food industry professionals from across the world.
A focus on selling more yoghurt and cheese has boosted annual earnings at Brazilian dairy processor Vigor.
Brazilian dairy group Vigor has acquired a 50% stake in local co-operative rival Itambe.
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