Cargill sells Venezuela assets
The US agri-food behemoth has decided to offload its business in a Latin American market that has proven problematic for…
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Kellogg pulls out of Venezuela as economic crisis intensifies ahead of elections
US-based breakfast cereal manufacturer Kellogg is reportedly pulling out of Venezuela as the country's economic crisis intensifies ahead of this…
Gruma wins tribunal over Venezuela expropriation law
Venezuela has been ordered to pay Mexican food group Gruma more than US$430m in damages, a consequence of the 2010…
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General Mills sells Venezuela business and quits market
General Mills, the US food group, is to exit Venezuela after striking a deal to sell its business in the…
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Gruma writes off Venezuela investments
Mexican baker Gruma has announced that it is writing off investments in Monlinos Nacionales and Derivados de Maíz Seleccionado in…
Kraft Heinz ‘facing sabotage investigation in Venezuela’
US food maker Kraft Heinz is reportedly facing an investigation in Venezuela over allegations the company is hoarding basic food…
Venezuela seizes Polar distribution centre serving Nestle, PepsiCo
A distribution centre serving a number of international food and beverage companies – including Nestle, PepsiCo, Coca Cola and Cargil…
Parmalat feels Venezuela impact but sees underlying growth
Parmalat has posted a fall in first-half profits, despite higher sales, as a result of inflation pressures in Venezuela but…