Latest Insights

February sees spike in food M&A - data 2 Mar 2018

just-food's index of mergers and acquisitions in the international packaged food sector highlights the volume of deals being announced, as company strategists look to M&A to gain an edge on their competition.

What are the risks and rewards of zero-based budgeting? 6 Oct 2016

A growing body of food makers are adopting zero-based budgeting as a tool to reduce costs and improve resource allocation. The method has also proven popular with investors with a focus on return on invested capital. However, it is not a one-size-fits-all answer to the challenges facing CPG companies today. In the second part of our series examining zero-based budgeting, Katy Askew takes a look at the pros and cons associated with the method.

General Mills aims to milk demand for yoghurt in Brazil - analysis 14 Jan 2016

General Mills secured its entry into the fledgling but growing Brazilian yoghurt market with the acquisition of local player Carolina just before Christmas. But, with Carolina's tiny market share, will the move pay off in meeting General Mills' wider ambitions for growth in emerging markets?

10 Things to Learn - JBS's acquisition of Moy Park from Marfrig 25 Jun 2015

Brazilian protein giants Marfrig and JBS have reached an agreement that will see the ownership of European poultry processor Moy Park transferred to JBS. The deal, which values Moy Park at US$1.5bn, represents a win-win for both parties. Here is what each stands to gain.

On the move: Marfrig stresses continuity as CEO Rial departs 16 Jan 2015

Brazilian protein group Marfrig surprised the market yesterday (15 January) with the announcement CEO Sergio Rial will stand down. Rial was a chief architect behind Marfrig's "focus to win" strategy, which has left the group on the cusp of a return to earnings stability. With internal successor Martin Secco Arias to replace Rial, the company was keen to emphasise coherence as it calmed initial investor jitters. Katy Askew reports.

Latest News

Brazil's BRF confirms turkey production line closure 15 Jun 2018

Embattled Brazilian meat giant BRF has said that it is to shut down its turkey meat production line in Mineiros, Goiás, next month.

BRF confirms Pedro Pullen Parente as CEO, creates new COO role filled by Lorival Nogueira 15 Jun 2018

Brazilian meat giant BRF has confirmed the appointment of Pedro Pullen Parente to fill the vacant seat of global chief executive and at the same time has created a new chief operating officer role.

BRF chairman Pedro Parente linked to CEO role 14 Jun 2018

A new chief executive officer is reportedly being lined up for embattled Brazilian meat giant BRF in the shape of recently-installed chairman Pedro Parente.

Brazil meat giants BRF and Minerva deny media reports they plan to merge 6 Jun 2018

Brazilian meat processors BRF and Minerva have both denied reports in local media that the two firms plan to merge.

Brazil's beef exporter association counts cost of truckers' strike 30 May 2018

Brazil's beef industry is coming to a standstill as a nine-day-old truckers' strike hits deliveries and disrupts exports for one of the world's biggest meat producers.

Impact of Brazil's truckers' strike mounts as food, animals go to waste 29 May 2018

Brazil is still counting the cost of a truckers' strike on the country's food industry more than a week after drivers started to erect blockades on major highways in protest over high fuel prices.

Truckers' strike in Brazil hits production at meat processors BRF, Marfrig 24 May 2018

Brazilian meat processors BRF and Marfrig Global Foods say they are experiencing a shortage of raw materials due to a truckers' strike, which is forcing the firms to either halt or pare back production.

Marfrig chairman signs deal with prosecutors in corruption probe 23 May 2018

The chairman of Brazilian meat packer Marfrig has signed an agreement with federal prosecutors aimed at covering any potential damages arising from an on-going corruption investigation, the company has revealed.

EU finalises removal of export licences from 12 BRF sites 15 May 2018

The EU has finalised its move to ban 12 BRF production facilities in Brazil from exporting to the bloc.

Brazilian meat firm Aurora enters seafood 15 May 2018

Brazilian meat supplier Cooperativa Aurora Alimentos has entered the country's seafood sector.

Latest blogs

Food companies hungry for Suarez spotlight 25 Jun 2014

Brand owners from Mars to Mondelez International were very quick off the mark yesterday after Uruguay footballer Luis Suarez allegedly bit an Italian opponent at the World Cup in Brazil, taking to Twitter to grab a chunk of the spotlight for themselves.