Organto Foods has announced that it has entered into a letter of intent (LOI) with a Mexico-based privately owned real estate investment management to form a new food and agricultural joint venture. The proposed joint venture will be ...
General Mills has agreed to sell its Argentina bakery and foodservice business to a Mexico-based baking company Grupo Bimbo for undisclosed sum. However, General Mills will retain its growing retail food business in Argentina, including ...
Tags: General Mills, Grupo Bimbo, Acquisition
Graphic Packaging International, a subsidiary of Graphic Packaging Holding, has agreed to acquire Mexico-based folding carton maker G-Box. Both the companies have reached a definitive agreement to this effect. The deal covers the ...
Tags: Graphic Packaging, Folding Carton
Mexico-based producer and processor of poultry and other food products Industrias Bachoco will acquire the breeding assets in the State of Georgia of Morris Hatchery, a US company. In 2013, Bachoco acquired the breeding assets in the ...
Tags: food manufacture, animal husbandry, Bachoco
Mexico based studio Shift has created a pendant lamp with a tubular metal superstructure. Say the designers, “Constructed entirely from metal, U32-1 explores the concept of modern lighting, taking heavily from contemporary urban ...
Tags: Pendant Light, studio Shift, pendant lamp
French drinks group sale of icts Mexican RTD brand Caribe Cooler to Grupo Bepensa. The deal amount has not been revealed, reports The Spirit Business. Mexico-based conglomerate Bepensa had agreed to acquire the RTE brand in December ...
Tags: RTE brand, wine cooler, Food
Mexico-based soft drink bottler Coca-Cola Femsa has plans to invest $200m to expand its operations in Brazil. The company intends to use the investment on developing different kinds of packaging such as minipets. It will also invest in ...
Tags: soft drink, Coca-Cola
Export Development Canada (EDC) has extended $100m finance to Mexico-based OEM producer Metalsa for $100m to improve its supply chain in the country. Metalsa is an OEM producer of automotive structures such as chassis, suspension, cradles ...
Tags: OEM producer, automotive
For the first nine months of 2014 (to end-September), Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported a 10% drop in revenue year-on-year ...
Mexico-based glass manufacturers Vitro has signed a $950m deal with its client Constellation Brands to produce 7.3 billion beer bottles over the seven-year life of the contract. The deal is expected to triple Vitro's current volume of ...
With an investment of US$65 million, Monterrey, Mexico-based pipe producer Forza Steel began operations at a new plant that has expanded to double the company's installed capacity. Forza's CEO, Eduardo Villarreal Leal, attributed the ...
Tags: Mexico, Monterrey, Metallurgy, Mineral
Mexico-based baking company Grupo Bimbo has agreed to acquire Ecuador bread producer Supan, as part of its strategy to further strengthen its presence in the Americas. The transaction involves number of brands such as the Supan, Bimbo, ...
Tags: Grupo Bimbo, Supan, Food
Monterrey, Mexico-based PMP Grupo-Planeación, in partnership with India-based Preet Group-PG, announced plans this week to expand into the US and Canada, building mini-mills to process steel scrap. The announcement Monday at the ...
Tags: mini-mills, steel scrap
Mexico-based food company Grupo LALA has posted a 69.8% increase in its Q1 2014 net income to MXN795.7m ($60.6m), compared to MXN468.6m ($35.7m) in the same quarter last year. The company reported a 6.7% rise in year-on-year sales, and ...
Tags: Agriculture, Food
Xceed Sports is a leading Mexico based sports and athletics wear company offering custom designed, high performance sportswear for triathlon athletes and professional cyclists. The brand is well known in Mexico for its high level ...
Tags: Xceed Sports, athletics wear, sportswear