Carrefour Group acquires 30 Makro stores in Brazil for US$452m

BRAZIL – Grupo Carrefour Brasil, the Brazilian subsidiary of Carrefour Group has signed an agreement with Makro Atacadista SA to acquire 30 Cash & Carry stores in Brazil, accelerating the expansion of its growing Atacadão […]

JBS to launch new Fibrio line and range of plant-based foods

BRAZIL – JBS has announced that its will be launching a range of plant-based foods and further expand its Friboi portfolio by introducing a new brand focused on healthiness and sustainability. Seara, the chicken division […]

JBS’ beef division Fribio opens US$17m processing facility in Brazil

BRAZIL – Friboi, the beef business unit operated by meat processing giant JBS, has opened its 37th beef processing plant in Mato Grosso state, Brasnorte city, Brazil after investing R$70 million (US$17.18 million) in the […]

ADM acquires plant-based ingredients producer Yerbalatina Phytoactives

USA – ADM has acquired Brazilian natural plant-based extracts and ingredients manufacturer, Yerbalatina Phytoactives, in a deal that will expand the company’s ingredients production capabilities. Yerbalatina uses proprietary cool-drying technology to transform fruits, vegetables and […]

Bunge divests its Brazilian margarine and mayonnaise assets

BRAZIL – Bunge Limited has agreed to sell its margarine and mayonnaise assets in Brazil to Seara Alimentos S.A., in a move that seeks to streamline the company’s operation in the country. The transaction includes […]

Marfrig Launches its proprietary brand of plant-based burgers Revolution Burger

BRAZIL – Marfrig Global Foods, a leading global beef producer and the world’s largest beef patty producer, is launching its proprietary brand of plant-based burgers, the Revolution Burger. The brand will be sold at retailers […]

BASF invests US$4m in Latin American agritech startups focused fund AgVentures II

BRAZIL – BASF Venture Capital, the investment arm of German agribusiness company BASF, has committed to invest US$4 million in the Brazilian fund AgVentures II, marking BASF Venture Capital’s first investment in Brazil. Managed by […]

Tate & Lyle opens new Latin American headquarters and application centre in Brazil

BRAZIL – Food and beverage ingredients and solutions provider, Tate & Lyle has opened its new and expanded Latin American headquarters in São Paulo, Brazil enabling the company to capitalize on the high growth potential […]

Brazil’s BRF to invest US$120m in Saudi poultry processing plant

SAUDI ARABIA – Brazilian food processor, BRF has entered into an agreement with the Saudi Arabian General Investment Authority to invest approximately US$120 million in setting up its first chicken processing plant in the country. […]