The International Dairy Federation’s latest overview of the dairy sector, covering markets worldwide, global trends and preliminary COVID-19 impacts has been published.
Kerry has announced the opening of its new taste facility in Latin America, which will serve mainly Mexico, Central America, the Caribbean, and the Andean region.
In the company’s third quarter report, Grupo Lala discussed an ‘operational issue’ at one of its Mexican cheese plants, resulting in an inventory shortage and 8.8% volume loss.
'Margarita', a social project launched by Danone in 2010 to support and develop Mexico's network of small milk producers, has received US$1.3m in funding from a collaboration agreement with IDB Lab (Laboratorio de Innovación del Banco Interamericano...
Last week President Donald Trump announced plans to close the southern US border, effectively ending trade with Mexico. He has since changed his mind and now given Mexico ‘a one-year warning’ with further threats of tariffs.
Grupo Lala announced this week that it reached a deal with Blue Diamond Growers to distribute Blue Diamond Almond Breeze almond beverages in Mexico. It also released fourth-quarter and full-year financial reports from 2018.
After months of back-and-forth and a tumultuous summer of trade disputes between the US, Canada and Mexico, the three North American nations have officially signed the US Mexico Canada Agreement (USMCA), dismantling the previous North American Free Trade...
The US has reached a new agreement with Canada following a year of trade negotiations. The US-Mexico-Canada Agreement (USMCA), which includes Mexico, replaces the North American Free Trade Agreement (NAFTA). But the terms have left the dairy industry...
Mauricio Leyva Arboleda will replace Scot Rank as CEO of Mexico’s Grupo Lala, effective September 1, 2018. The news comes just ten days after the company released its second quarter results.
The US has argued with both Canada and Mexico over tariffs on the dairy industry in the last two weeks, putting President Donald Trump in the spotlight.
Grupo Lala reported increased operating income of 5.9% for Q2 2017, driven by its emerging businesses in the US and Canada, with strong performance in Mexico compensating for additional costs associated with the North American market.
Ireland’s Minister for Agriculture Food & Marine, Michael Creed TD, has undertaken a series of engagements as part of the first Irish Ministerial agri-food trade mission to Mexico.
Amidst the uncertainty surrounding the future of NAFTA with US President Donald Trump pledging to get rid of the trade partnership, Mexico has been looking to diversify its trading partners.
Gondi to buy Constantia Flexibles folding carton business
Constantia Flexibles Group, which makes flexible packaging and labels for the food, beverage, dairy and confectionery market, is selling its non-core folding carton business in Mexico, Aluprint Plegadizos, to Grupo Gondi for an undisclosed amount.
Nestlé will plough $350m (€256m) into the construction of a new infant formula manufacturing plant in Mexico, as part of a wider $1bn (€732m) investment in the country.
Nestlé has refused to comment on reports that it is working with financial advisory group Rothschild to sell more than $1bn of Latin American assets in an effort to win regulatory approval for its acquisition of Pfizer Nutrition.
Nestlé’s $11.85bn (€9bn) acquisition of Pfizer Nutrition has been blocked by Mexican competition officials over concerns that the deal could lead to price increases.
