Industry Developments
The Latin American soft drink market is large but immature, making it the ideal target for major soft drink multinationals. Unlike in most developed regions, consumption of high-margin...
2009-07-03Canada
Canada's largest dairy firm Saputo has announced it is to buy US-based F&A Dairy of California. Financial details were not disclosed but Saputo revealed the acquisition will be...
2009-07-01United States
The US carbonated soft drinks sector, which is already suffering in the wake of the economic downturn and increased health consciousness, could be set for further difficulties if...
2009-06-30Brazil
Per capita consumption of wine is very low in Brazil compared with consumption of beer and as such the country has historically only ever had a small wine industry. However, at the...
2009-06-29Mexico
The Pepsi Bottling Group (PBG) has signed a multiyear deal with Rockstar Energy Drink, to distribute the Rockstar brand in Mexico from July 2009. PBG already distributes Rockstar...
2009-06-26Brazil
Wal-Mart Brazil's chief executive, Hector Nunez, has said that the unit will have invested BRL1.6bn (US$813mn) by the end of 2009, representing Wal-Mart's biggest ever annual investment...
2009-06-25Brazil
Brazilian meat processing firm Marfrig, which in 2006 generated over 85% of its revenues from fresh beef, has announced it is to buy a domestic turkey business from France-based poultry...
2009-06-24Mexico
US-based Hormel Foods and Mexico based Herdez del Fuerte have announced the launch of a 50-50 joint venture called MegaMex Foods that will market Mexican foods in the US market. The...
2009-06-23
