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.
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.
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.
Australian global packaging company Amcor has announced an agreement to acquire Alusa, the largest flexible packaging business in South America, for $435m.
Firm spends €50m to triple production capacity in China
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.
Parmalat has completed the “intragroup acquisition” of Lactalis American Group Inc. (LAG) – a move that will secure its entry into the US dairy market and strengthen its position in Latin America.
Processing specialist SPX Corp and packaging player Smurfit Kappa both completed takeovers this week as they seek to expand their reach in Europe and South America respectively.
Raisio has launched its cholesterol-lowering Benecol products into its fourth south American market, Columbia, as the result of a deal inked with Columbian dairy, Colanta.
Denmark's Chr Hansen is set to launch a second-generation
Fermentation Produced Chymosin (FPC) for the cheese market,
promising cost-efficiency and better process control.
Growth in Asian and South American markets boost sales for colours
firm Chr Hansen, counterbalancing a fall in revenue in North
America for the first quarter of the year.
Sparking growth in the emerging South American food market, Danish
ingredients giant Chr Hansen has opened new facilities in Argentina
designed to serve expanding activities from international
customers, reports Lindsey Partos.
Almost half of Parmalat's assets across the globe will be slashed
in an effort to swap debt for equity. The company which is one of
Italy's most global companies announced on Friday its restructuring
plan designed to keep...
Spanish dairy company Iparlat is set to increase its market
presence in Argentina. A multi-million euro investment will land
the company, in what it sees as a better position in following
years.
Ireland's Glanbia and Uruguay's Conaprole have joined forces to
help develop the market for dairy ingredients in Latin America. A
new joint venture company, Conabia, based in Mexico, will develop
sales throughout Central...
Shrugging off difficult economic conditions in a number of markets,
Italian dairy group Parmalat has reported solid, if hardly
spectacular, results for the first half of the year.
