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…]
Tag: Latin America
Valante Capital, through Ascend Fund II, acquires stake in American Foods
IDC Network’s Private Equity vertical establishes a strategic partnership with a leading US consumer goods distributor, expanding its reach to over 25 countries Valante Capital, the Private Equity arm of IDC Network—a multi-platform asset manager with $2.2 billion in assets under management announced the acquisition of a significant stake in American Foods,[Read More…]
Pachamama Coffee partners with UC Davis
This collaboration unites Pachamama’s gold standard for sustainability in coffee with UC Davis’ renowned leadership in sustainability and farm-to-fork initiatives Pachamama Coffee, a globally recognised farmer-owned coffee company, announces a partnership with UC Davis to serve its premium organic coffee at two ASUCD-run Coffee Houses (CoHos) on the university campus in[Read More…]
Illumina and LGC Biosearch Technologies partner to transform genomics in sustainable food production
The collaboration leverages advanced sequencing technology to accelerate innovation in crop and livestock breeding, enhancing yield, disease resistance, and sustainability in agriculture across Asia Pacific and Latin America Illumina a global leader in genomics, and LGC Biosearch Technologies, a pioneer in agricultural genomics, announced a strategic partnership to accelerate the[Read More…]
BLACK SKULL wins Food Ingredients South America award
WHEY GRASS FED is the first post-workout supplement that contains 19g of protein and 1g of colostrum and also has Halal and Kosher certification. The first post-workout supplement from Latin America with 19g of high biological value protein and 1g of Bovine Colostrum, BLACK SKULL’s WHEY GRASSFED was the winner at Food Ingredients South America (FiSA) in[Read More…]
Australia’s barley and malt exports to Latin America increases
Over the past three years, the value of Australian barley exports to Latin America grew by +416 per cent in real terms to reach A$256.1 million in 2022–23 Australia’s barley and malt have made significant gains in Latin American markets over the past four years, driven by investments by industry[Read More…]
eFishery announces completion of commercial pilot in India
eFishery’s entry into the Indian market includes an expansive reach with over 1,000 acres of ponds Southeast Asia’s leading aquaculture company, eFishery, announced the completion of its commercial pilot in India, marking a significant milestone in its global expansion journey. The Indonesia-headquartered firm kicked off the pilot project in March of this year,[Read More…]
Nestlé to invest R$6 Bn in Brazil by 2025
Nestlé aims to expand the industrial park by 2028, adding a total of six exclusive lines in the inner city of São Paulo Nestlé plans to invest BRL 6 billion in food and drink production in Brazil, with payments scheduled between 2023 and 2025. The funds will primarily be allocated[Read More…]
JBS resumes operation of Friboi unit in Brazil
The company reopens the plant in Diamantino, Brazil, which will be the largest beef processing unit in Latin America, with 3,000 employees JBS, one of the largest food companies in the world, announced the resumption of activities at the Friboi unit in the city of Diamantino, in Mato Grosso, after the fire that[Read More…]
Arla Foods Ingredients invests for growth in Latin America
This expansion aligns with the surging demand from Asia and Latin America Arla Foods Ingredients has enhanced its Porteña facility in Argentina to cater to the growing demand for quality whey ingredients globally, especially in Latin America. A notable upgrade is a new drying tower, which increases whey permeate powder[Read More…]