Brazilian food group Brasil Foods has formed a whey processing joint venture with Irish dairy group Carbery.
The joint venture, in which Brasil Foods will invest US$50m, emphasised its objective to increase its leadership in the cheese sector, it said yesterday (5 November).
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Carbery will use its technology to process whey generated at Brasil Foods’ cheese manufacturing facilities.
A manufacturing plant to produce added-value nutritional ingredients will be opened as part of the venture agreement. Construction is expected to start in 2014. The location was not disclosed.
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