Processed Food News

Pernod Ricard acquires majority stake in Del Maguey Mezcal
Pernod Ricard, through Pernod Ricard USA’s New Brand Ventures division, announced that it has signed an agreement to take a majority stake in Del Maguey Single Village Mezcal, a producer of artisanal, hand-crafted mezcals. Financial terms of the deal remain undisclosed. Del Maguey Single Village ...
Mexico reaching mango export record thanks to the U.S.
Mango consumption in the U.S. increased from 1 a 2.8 pounds per person over the last decade, thus driving Mexican producers to reach record exports of 73 million cases valued at almost US$500 million in 2016. Exports are expected to escalate by 30% this summer, informed Leonardo Ortega, research dir...
Dorner Holding acquires Jalisco-based automated packaging supplier Sautem
Dorner Holding Company, the parent company of Dorner Mfg. Corp., has announced the acquisition of Sautem, a designer and supplier of process automation equipment in Mexico. Wisconsin-based Dorner Mfg. Corp. offers design, application, manufacturing and integration of precision industrial and sanita...
Cargill reasserts its commitment to invest in Mexico
The president of multinational Corporation Cargill, Marcelo Martins, assured that this U.S.-based firm is maintaining its plans to invest in Mexico. He said that even though there are some topics to discuss for the modernization of the NAFTA, the company's relation with Mexico continues as   plann...
Diageo expands Jalisco distillery as part of a US$ 400 million investment
British premium drinks producer Diageo broke ground for an expansion at its distillery located in the municipality of Atotonilco el Alto, Jalisco.  The project is part of a US$ 400 million investment plan the company announced in 2015 after the acquisition of tequila Don Julio. The expansion is ex...