Processed Food News

Mexico, willing to standardize practices in agri-food commerce
The U.S., Canada and Mexico are willing to maintain regional growth, due to the positive results attained over the last 20 years. Jose Calzada Rovirosa, Ministry of Agriculture, Livestock, Rural Development, Fisheries and Food (SAGARPA), affirms that Mexico is willing to standardize certain criteria...
Grupo Bimbo launches start-up accelerator
Grupo Bimbo, the world's biggest baked goods manufacturer, announced it has created a startup accelerator "dedicated to find and drive entrepreneurs' projects".  Through Bimbo Ventures, its in-house investment arm, the company teamed up with Mexico-based venture-capital firm Bluebox Ventures, the ...
Agri-food, important part of the Mexico-EU TLC negotiation
The food sector is one of the specialties that is capturing the attention in the modernization process of the FTA between Mexico and the European Union (EU), as this seems to be a complicated negotiation. Bosco de la Vega, President of the National Agricultural Council (CAN) declared that the most c...
Diageo acquires George Clooney’s Casamigos tequila for US$ 1 billion
London-based spirit drinks distribuitor Diageo has entered into a definitive agreement to acquire Casamigos, which claims to be “the fastest growing super-premium tequila brand in the U.S.” The transaction values Casamigos at up to US$ 1 billion, with initial consideration set at US$ 700 millio...
Open markets in the agricultural sector in Canada, the U.S. and Mexico
Government representatives from the U.S., Mexico and Canada agree on maintaining open markets in the agricultural sector, as well as being transparent so that commerce keeps growing, informed the Ministry of Agriculture, Livestock, Rural Development, Fisheries and Food (SAGARPA). The head of SAGARPA...