Arla Foods has decided to sell its 8% share in Brazilian dairy company Vigor with immediate effect following a change in ownership of the latter. Brazil’s leading dairy company Vigor S.A. (“Vigor”) has been sold by ...
Tags: Arla Foods, dairy
Grupo Alucaps Mexicano has invested in new Sacmi CCM64MB press, which will be used to manufacture water and CSD caps. The new 64-cavity CCM press allows to produce two differently designed caps by using the same die. Featuring advanced ...
Tags: bottlers, converters
Mexican dairy company Grupo Lala has agreed to acquire Brazil-based dairy and food firm Vigor Alimentos for BRL 5.725 bn ($1.84bn). The deal follows approval by Grupo Lala’s board of directors, with the favorable opinion of the ...
Tags: dairy company, dairy products
Mexican dairy company Grupo Lala is nearing an agreement to acquire Brazil-based dairy and food firm Vigor Alimentos. Grupo Lala completed the negotiation process to complete the purchase of Vigor Alimentos, including its shareholding in ...
Spain-based food company Cerealto has closed the acquisition of Italian pasta maker Pastificio Mediterranea for an undisclosed price. The acquisition, which was completed following an approval from Concordato de Alessandria, also includes ...
Tags: Cerealto, Italian Pasta
Grupo Bimbo has acquired Groupe Adghal, a Morocco-based producer and distributer of baked goods. With sales rising to around 11 million dollars and a 20-year track record, Adghal represents Grupo Bimbo’s gateway to a new market. ...
Tags: Grupo Bimbo, Adghal, baked goods
Lear, which supplies automotive seating and electrical systems, has agreed to acquire Grupo Antolin's automotive seating business. Grupo Antolin's seating business is headquartered in France with sales and operations concentrated in 5 ...
Tags: Lear, Antolin's Automotive, Seating Business
Constellation Brands said it will submit a proposal to the US Department of Justice to acquire a brewery operation from Grupo Modelo, a subsidiary of Anheuser-Busch InBev SA/NV, for $600m. Located in Obregon, the brewery is expected to ...
Bimbo Bakeries USA will shut down its production activities at its baking plant in Lubbock, Texas in early January 2017, affecting about 75 employees. The baking company will move out its production from Lubbock to its Rockawall bakery ...
Tags: Bimbo, Lubbock Plant
Tequila giant Jose Cuervo has filed for an initial public offering (IPO) on the Mexico stock exchange, with plans to raise about $1bn. The company revealed that the stock sale will be handled on its behalf by the local units of Morgan ...
Tags: Jose Cuervo, IPO, Mexico stock exchange
Packaging machinery supplier Bobst and BHS Corrugated have been awarded a contract by Mexican paper and packaging manufacturer Grupo Gondi to supply and install 11 new production lines. The contract scope includes purchase of two BHS ...
Tags: Packaging Equipment, packaging
Mexican food company Grupo LALA has signed a strategic agreement with the Costa Rican firm Florida Bebidas for the production, distribution and sale of LALA products in Costa Rica. The partnership is expected to enable LALA to gain access ...
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
US-based private equity firm Wind Point Partners has acquired Evans Food Group and its subsidiaries. The financial terms of the deal have not been disclosed. Evans Food Group, which was founded in 1947 and acquired in 1985, is the maker ...
Tags: Wind Point, Evans Food, Pork Rind Snacks, Acquisition
The Jalisco region of Mexico is known for its mariachi music, handcrafted art, and as the birthplace of Estrella Jalisco beer. Starting this month, the refreshing, light-flavored pilsner from Guadalajara, Jalisco will be available in the ...
Tags: Jalisco, Mexico, Estrella Jalisco Beer