Processed Food News

Grupo Modelo investing US$856,000 for better barley
Grupo Modelo, which belongs to the Belgian firm Anheuser-Busch InBev (AB InBev), is investing US$856,000 on research for barley cultivators in Mexico. The allotted amount has been spent on laboratories, sowing machines and threshing machines, for swifter processes since 2016. “This is research inv...
Bachoco acquires Alabama-based Albertville Quality Foods for US$ 144 million
Industrias Bachoco S.A.B. de C.V., Mexico's biggest producer and processor of poultry and other food products, announced that it reached an agreement to acquire Alabama-based Albertville Quality Foods (AQF) a manufacturer of consumer meat products including chicken strips and breakfast sausage. The ...
Mexico and Canada ratify agri-food integration
Agriculture Ministers from Mexico and Canada, Jose Calzada Rovirosa and Lawrence MacAulay, ratified their interest on strengthening and maintaining favorable conditions to access the market, with a goal to increase agri-food products commerce. They agree on the importance of expanding the collaborat...
Bachoco acquires Queretaro-based La Perla pet food company
Industrias Bachoco SAB de CV announced the acquisition of Queretaro-based La Perla pet food company. Financial details of the transaction were not disclosed. The deal includes all assets from La Perla, including its brands CanPro, Choice Nutrition and Cat-trina among others. La Perla has the capaci...
Gerber gambling on local supply chain
Gerber prospects that 100% of its consumable purchases, both fruit and vegetables, will be bought from Mexican providers by 2020. Nowadays, only 60% of its fruits and 98% of its vegetables are grown in Mexico. The involvement of 1,200 producers, mainly from Chihuahua, Durango, Hidalgo, Jalisco, Mich...