Arla Foods exits Brazilian dairy company, sells stake Grupo Lala

BRAZIL - Arla Foods has divested its 8% share in the company to Grupo LaLa, following a change in ownership of the Brazilian largest dairy company Vigor S.A. Arla’s investment in Vigor, started in 1986 when Arla entered a 50/50 joint venture partnership with Vigor under the name Dan Vigor, which consisted of local cheese…

Firmenich inaugurates flavours plant in Sao Paulo, Brazil

BRAZIL – Flavours and colours specialist Firmenich has officially inaugurated its manufacturing plant for encapsulated flavours in Sao Paulo, Brazil, extending its footprint to Latin America. The ceremony, which was conducted in the presence of customers, partners and its Executive committee, focused on making the new plant to serve as a centre of excellence for…

Brazil’s sugar exports to hit record high, despite China duty hike

BRAZIL - Brazilian sugar exports will hit a record high, boosted by increased production expectations, and despite a slump in shipments to China after Beijing raised tariffs on imports of the sweetener. Brazil's sugar exports will rise by 1.1m tonnes to 29.6m tonnes in 2017-18, on an April-to-March basis, the US Department of Agriculture's Brasilia…

Unilever acquires Brazilian natural and organic business Mãe Terra

BRAZIL – Anglo-Dutch group Unilever has signed a deal to acquire the Brazilian natural and organic food business Mãe Terra for an undisclosed sum. Mãe Terra is a fast growing brand in Brazil, which provides health-conscious consumers with organic and nutritious food products since its establishment in 1979. Unilever’s purchase of Mãe Terra marks the…

US chicken producer buys N. Ireland’s Moy Park

UK - One of Northern Ireland's biggest employers, the poultry producer Moy Park, has been sold for £1billion (US$1.34 billion). About 6,300 people work for the company in Craigavon, Ballymena and Dungannon. The new owner is another major chicken producer, Pilgrim's Pride Corporation, which is headquartered in Colorado in the United States. In a statement…