Heineken has announced it will invest BRL 1.5 billion (approx. $299.43 million) in Brazil as part of an expansion plan for its premium and single malt beer portfolios.
The planned investment is intended to boost the brewer’s production capacity for its Amstel, Devassa and namesake Heineken brands, spread across two plants in northeast Brazil, according to Reuters.
Heineken says that spending on its Igarassu plant will triple its capacity for making Amstel and Devassa, while increasing its returnable packaging lines by 45%. The company says the new investment will expand its Alagoinhas brewery’s capacity to produce Heineken by 60%.
The spending plan will also help make water use at the Igassaru brewery more efficient, with the goal to reduce water consumption at the plant by 30% over the next three years.
The beer giant says that Brazilian beer drinkers are among the world’s biggest consumers of Heineken.
By Phoebe Fraser
Source: foodbev.com
The facility is designed to foster innovation and deepen collaboration with customers, by offering a range of new services and solidifying its role as a central hub for customer support. Tereos’ team, supported by a network of 50 scientists, will ensure customers can innovate and meet the rising consumer demand for healthier and more sustainable products.
Glanbia has agreed to acquire Flavor Producers from Aroma Holding for an initial consideration of $300 million. Flavor Producers is a US-based flavour platform, providing flavours and extracts to the F&B industries, with a focus on organic and natural ingredients.
Lesnard, who previously worked at Nike, The North Face and Sephora, has a mission to “grow and sustain GODIVA’s position and expertise in the premium chocolate category, leveraging ongoing support from pladis to take GODIVA and its legendary chocolate to new heights.”
