Tag: Brazil

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

Food Business Africa

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

Food Business Africa

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. […]

Heineken to invest US$244 million in Brazil to double production capacity

Food Business Africa

BRAZIL – Heineken, the world’s second-largest brewer, will invest 985 million reais (US$244 million) in Brazil to double its production capacity, reports Reuters. The investment, which started in January and is expected to be concluded […]

Tetra Pak unveils new guidelines on best-practice for yogurt products

Food Business Africa

SWITZERLAND – Processing and packaging solutions provider, Tetra Pak has launched new best-practice lines for yoghurt products – a suite of expert services which support a wide variety of yoghurt innovations to address growing consumer […]

Brazilian meat processor Minerva forms joint venture with Chinese distributors

Food Business Africa

BRAZIL – Minerva, a South American meat packer has signed an agreement with two Chinese meat distributors to form a joint venture aimed at exploring commercial opportunities in the Chinese market. Minerva has signed a […]

Bunge acquires stake in Brazilian grains and inputs supplier Agrofel Grains

Food Business Africa

BRAZIL – Global agribusiness company, Bunge has entered into an agreement to acquire 30% stake in a Brazilian-grain sourcing business, Agrofel Grains and Inputs. Agrofel sells agricultural supplies in the southern state of Rio Grande […]

BRF offloads stake in Singapore-based joint venture for $12.3m

Food Business Africa

SINGAPORE – Brazilian meat packing company, BRF has sold its 49% stake in the SATS BRF Food joint venture in Singapore to SATS Food Services for SGD 17 million (US$12.3 million). SATS, a ground handler […]

Tyson Foods acquires stake in Brazilian poultry firm Grupo Vibra

Food Business Africa

BRAZIL – Tyson Food has reached an agreement to acquire a 40 percent stake in the foods division of Grupo Vibra, a Brazilian producer and exporter of poultry products, for an undisclosed sum. Once completed, […]

Nestlé to close Australian facility as expansion in Brazil gains traction

Food Business Africa

AUSTRALIA – Nestlé has announced that it will be closing its Tongala processing plant in Victoria, Australia and move the facility’s operation overseas. The closure of the facility, which primarily produces tinned milk products, will […]

Nestlé to invest US$245m in Brazil over the next three years to expand production

Food Business Africa

BRAZIL – Nestlé SA will be investing US$245.75 million (1 billion reais) in Brazil’s Sao Paulo state over the next three years to expand its production capabilities. Nestlé plans to set up new production lines […]