World Bank Group member International Finance Corporation (IFC) has acquired 2.93% stake in Brazilian meat packing company Minerva, for BRL46.9m ($20.5m).
Biorigin, the Brazilian beta-glucan company, has announced that it intends to promote Goldcell Beta Glucan as a food ingredient to the European market.
IMCD has acquired Makeni Chemicals in a bid to enter the Brazilian market. With the deal, IMCD will gain access to Makeni’s quality control and application labs, one of which focuses on applications in the nutrition segment.
Coca-Cola FEMSA, a Mexican bottler of Coca-Cola products, has signed an agreement to purchase 100% stake in Brazilian coke bottler Spaipa Industria Brasileira de Bebidas for $1.855bn in an all-cash transaction.
JBS S.A. is considering a defamation lawsuit against investment firm OppenheimerFunds, Inc., the São Paulo, Brazil-based meat processor announced Aug. 23.
IDEXX Laboratories has acquired all the outstanding shares of Madasa do Brasil, a Brazil-based distributor of IDEXX dairy and bovine testing products, as well as other food safety testing products.
Retail sales in Brazil grew slightly in June despite massive protests on-going in the entire country that month. Sales grew by 0.5% compared to May's data, according to the Government's statistics service IBGE.
A consolidated subsidiary of Ajinomoto Co., Inc., invested BRL 47 million in 2012 to substantially expand its existing factory and increase production capacity for Brazil’s top brand of flavor seasonings,2 TEMPERO3 Sazón.
Food safety inspectors responsible for clearing agricultural goods at Brazilian ports went on an open-ended strike Friday morning, saying there was political mismanagement and businesses were meddling in their agency.
Wild Flavors GmbH has become a shareholder of Amazon Flavors, a corporation that manufactures flavors, extracts, emulsions and compounds for Brazil’s beverage market.
The latest long term outlook report released by Brazil’s Ministry of Agriculture, Livestock and Supply, points to increased meat production over the next 10 years.