Brazil Food Merger Solidifies Camil Alimentos' as Leader in Rice, Canned Fish, and Sugar
|Food merger deal between|
Cosan and Camil Alimentos in Brazil
brings Cosan's sugar brands into
the Camil Alimentos brand line up
Other food merger deals involving Camil Alimentos include the acquisition of the canned fish line Coqueiro from multinational Pepsico. In Uruguay, Camil purchased 90% of Saman, which controls 50% of the country’s domestic rice market and exports almost 90% of its production. In Chile, Camil acquired rice producer Tucapel. With these food merger deals, Camil solidified its position as Latin America's main rice exporter and the owner of 25 rice processing plants (12 in Brazil 12, 9 in Uruguay, and four in Chile).
For more see:
"Merger in Brazil Creates Market Leader in Sugar, Rice, and Canned Fish," Mercosur Press, 30 May 2012.