South America

AFISA was a joint venture in Argentina established in 2001 between Arla Foods Ingredients and SanCor.

News in brief

Arla buys AFISA shares from SanCor

By Jim Cornall

Arla Foods Ingredients has confirmed it has agreed to acquire the shares in Arla Foods Ingredients S.A (AFISA) currently owned by SanCor to support the company’s ambition for market growth in South America.

The Scholle IPN facility in Chile. Picture: Scholle IPN.

Scholle IPN expands in Latin America

By Jenny Eagle

Scholle IPN, which produces flexible packaging for wine, processed fruits and vegetables, dairy products, and aseptic juices in the Latin American market, has opened a manufacturing facility in Santiago, Chile.

Parmalat has acquired cheese making companies in Chile to expand in the region. Pic: ©iStock/mtrommer

Parmalat acquires cheese firms in Chile

By Jim Cornall

Parmalat S.p.A. has announced that its La Vaquita Holding S.p.A. subsidiary has acquired some companies in the Chilean cheese sector.

AGRANA Fruit has purchased Argentinian company Main Process, which prepares fruit for yogurt and ice cream.

AGRANA Fruit acquires Argentinian company Main Process

By Jim Cornall

Austrian fruit processing company AGRANA Fruit, part of the AGRANA Group, has consolidated its presence in the South American market through the acquisition of 100% of the shares in Main Process S.A., a producer of fruit preparations.

Emerging market sales drive Parmalat H1 profit increase

Emerging market sales drive Parmalat H1 profit increase

By Mark Astley

Italian dairy giant Parmalat has reported a 7.8% increase in net profit for the first half of 2012, with improved emerging market sales and profit boosts from its core markets driving the increase.