Latest food news & analysis in Latin America
Much attention has been focused on the impact Mexico's tax on soda tax introduced in January 2014 has had on consumption. Ben Cooper looks a...
Brazilian protein giants Marfrig and JBS have reached an agreement that will see the ownership of European poultry processor Moy Park transf...
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...
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.
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.
Acquisition charges have hit Grupo Nutresa's first-half profits, although the Colombian food company saw operating income and revenue rise.
Hershey's move to buy out its partner in Brazil, Pandurata Alimentos, from their venture in the country has been approved by local competition officials.
JBS, the Brazil-based meat group, has booked lower profits for the second quarter on the back of higher costs, although sales grew year-on-year.
Brazilian meat group Marfrig booked an increase in first-half losses due to higher financial expenses and losses from foreign exchange.
MMS Participacoes Ltda, the controlling shareholder of Brazilian meat processor Marfrig, will be allowed to sell a portion of the shares it owns in the business.
A distribution centre serving a number of international food and beverage companies – including Nestle, PepsiCo, Coca Cola and Cargil - and owned by local food giant Empresas Polar has been seized by the Venezuelan authorities.
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