Latest food news & analysis in Latin America
Brazilian protein group Marfrig surprised the market yesterday (15 January) with the announcement CEO Sergio Rial will stand down. Rial was...
BRF, the Brazilian meat giant, is undergoing significant change. The company has initiated a massive behind-the-scenes restructuring drive t...
The proposed sale of BRF's Brazilian dairies unit to Lactalis-owned Parmalat looks set to be a win-win for both companies. BRF is focusing o...
Mexico is a country battling diet-related health problems. The nation's diabetes right is the highest among the members of the OECD. Last ye...
Brazilian food group BRF is working to an ambitious agenda. The company is bent on expanding as a global food manufacturer operating in the protein space. However, eking out growth in stagnant developed markets such as Europe can prove somewhat problematic. At this year's SIAL trade show in Paris, Katy Askew spoke to Europe CEO Roberto Banfi to find out how the company plans to meet this challenge.
As we heard in part one of the just-food interview, BRF has undergone a far-reaching restructuring process that, it believes, will deliver a more stable margin structure. The company is now moving to a new phase of growth as this stable foundation enables it to ramp up top-line expansion at home and overseas. Katy Askew speaks to BRF chief financial officer Augusto Ribeiro to find out more.
Peru's Grupo Gloria has confirmed a decision to shut down its dairy plant in Nueva Helvecia, Uruguay, where it manufactured Parmalat's products under the brand Ercolat.
Hassad Food, the agricultural arm of the Qatar Investment Authority, is reportedly looking to acquire sugar and poultry assets in Brazil.
Brazil's M. Dias Branco has posted a 14% jump in full-year profits on the back of higher demand for its products.
JBS, the Brazilian meat giant, has suspended plans to list its processed food business, JBS Foods, in Brazil.
Marfrig, the Brazilian meat group, booked narrower net losses in 2014 despite higher finance costs and the depreciation of the Brazilian real.
BRF, the Brazilian meat giant, booked a 56.4% jump in 2014 operating earnings thanks to improved efficiency.
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