Industry Developments

US spirits firm Beam has posted strong results for the first quarter of 2012, with comparable net sales up by 13% to US$533.8mn and like-for-like net profits up by 27% to US$78.4mn.... 2012-05-04

Mexican bakery giant Grupo Bimbo has reported a jump in sales but a decline in profits for the first quarter of 2012. Bimbo registered sales of MXN17.86bn (US$1.38bn) in Q112, up by... 2012-05-02

Shares in energy drink producer Monster Beverage spiked on April 30 2012 after an article in the Wall Street Journal suggested that The Coca-Cola Company (Coke) was currently engaged... 2012-05-01

Mexico-based retailer Walmart de Mexico is facing an investigation by Mexico's attorney general following allegations that employees of the Walmart subsidiary bribed local officials... 2012-04-30

The world's largest brewer, Anheuser-Busch InBev (ABI), has announced that is has purchased a majority stake in Dominican Republic based Cerveceria Nacional Domicana - a move which... 2012-04-17

Soft drink giant The Coca-Cola Company (Coke) has announced that is has gained a majority stake in US coconut water firm Zico after buying a further unspecified stake. The move gives... 2012-04-13

BMI's Latin American ratings assess a market's attractiveness to industry investors in comparison with its peers. The reward part of the rating takes into account market size, current... 2012-04-12

US food group Sara Lee has announced that it will buy Brazilian coffee firm Expresso.Coffee, which sells coffee to Brazil's bakeries and small businesses as well as through vending... 2012-04-11

Japanese retail group Seven & I Holdings is reported to have opened 600 new outlets of its 7-Eleven convenience store chain in the US during 2011 and has announced plans to accelerate... 2012-04-11

Brazil's largest food maker, Brasil Foods, has posted a disappointing set of results for the last quarter of its 2011. For the 12 months to the end of December net sales increased by... 2012-04-03