PepsiCo has announced plans to invest approximately $4bn over 2019-2020 to significantly expand its operations in Mexico, its second largest market worldwide. Read more
Mexican dairy company Grupo Lala has recorded 3.9% growth in reported net sales, as it continues to realise its strategy for premiumisation. Read more
Mexican soft drinks bottler Arca Continental has announced plans to invest close to MXN13bn ($681.1m) during 2019, as it focuses on increased innovation. Read more
Owens-Illinois has entered into an agreement to acquire a Mexican glass manufacturing plant from Grupo Modelo in a deal worth $188m. Read more
Premium spirits company Quintessential Brands will split its North America operations into a separate business, as it targets growth in the US and Canada. Read more
Grupo Lala has entered into a multi-year license agreement with Blue Diamond Growers to market and distribute its Almond Breeze beverages in Mexico. Read more
Grupo Bimbo has secured a deal for Nutra Bien, a Chilean bakery products manufacturer, as it aims to expand its distribution reach. Read more
Grupo Lala will relocate its corporate headquarters to the WeWork Santa Fe complex in Mexico City, as the company aims to enhance the productivity of its employees. Read more
Nestlé will invest $154m in a new coffee plant in Veracruz, Mexico, which will process 20,000 tons of coffee per year. Read more
Grupo Bimbo, the largest bakery company in the world, will commit to using 100% renewable energy for its electricity throughout its operations by 2025. Read more
© FoodBev Media Ltd 2019
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