Archive for the ‘Dairy Sector in Brazil’ Category

Nestle to invest 163 million reals in new factory in the state of Rio de Janeiro

Comments Off | 03-18-2011

Swiss firm Nestle SA is to set a new dairy processing facility in Brazil to produce the Ninho and Molico brands, announced the firm Wednesday. The new milk factory will be constructed in the state of Rio de Janeiro, Brazil. The investment is for an estimated 163 million Brazilian reals. The 20,000 m2 factory in [...]

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Italy’s Parmalat mulling the acquisition of Brazilian dairy group Lacteos Brasil (LBR)

Comments Off | 03-13-2011

Italian firm Parmalat is reportedly mulling the acquisition of Brazilian dairy group Lacteos Brasil. According to reports carried by Brazilian local dailies, the Italian firm is currently in talks with the Brazilian company over a potential acquisition. Brazilian newspaper Valor Economico reported Parmalat is keen on the investment as a measure targeted at countering a [...]

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Laep Investments Ltd receives a capital injection from Global Yield Fund Limited

Comments Off | 07-19-2010

Brazilian company, Laep Investments Limited, Thursday announced that it had reached an agreement with Global Yield Fund Limited (GEM) for a capital injection of about $42.3 million. Laep Investments Ltd is a Brazilian fund responsible for the Parmalat dairy Company, as well located in the country. In the agreement, GEM will fund Laep’s investment and [...]

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Posted in Agriculture sector, Brazil Industries, Dairy Sector in Brazil, Equity investments | Read More