Tag: Brazil

ACON Investments signs definitive agreement to invest in KiSabor

This represents ACON’s 44th transaction in Latin America where it is currently deploying its fifth fund ACON Investments (ACON), a private equity investment firm based in Washington, D.C., announced that it has signed a definitive agreement to invest in Food Brands Indústria de Produtos Alimentícios S.A., a manufacturer and distributor of branded consumer food[Read More…]

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JBS and partners donate 3Mn tags to improve livestock traceability in Brazil

These initiatives aim to scale up a groundbreaking project led by the State of Pará with the potential to revolutionize livestock management in Brazil JBS, in partnership with key stakeholders, has announced the donation of 3 million livestock tags to enhance cattle traceability in Pará, Brazil. Additionally, the company launched a program[Read More…]

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Firehouse Subs expands to Brazil

The expansion into Brazil is part of a joint venture supported by parent company Restaurant Brands International The Firehouse Subs brand announces its entry to Brazil building on its international expansion. The brand plans to open more than 500 restaurants in 10 years across the country. The first restaurant is expected to launch in[Read More…]

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China launches investigation into imported beef amid domestic industry concerns

The applicants argue that this sharp increase has caused substantial harm to China’s domestic beef industry, claiming a direct causal link between the import surge and the industry’s struggles China’s Ministry of Commerce (MOFCOM) has initiated a safeguard investigation into imported beef, following an application from the China Animal Agriculture[Read More…]

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Minerva Foods acquires Marfrig slaughter and deboning plants in South America

The company will have the capacity to slaughter 22,336 head a day in 21 plants in the Brazilian market Minerva Foods, a leading exporter of fresh beef and its derivatives in South America, after receiving approval from Brazil’s antitrust authority (CADE), completed the acquisition of Marfrig assets in Brazil. The Company completed the acquisition[Read More…]

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