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).
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.