Mexico

Avocados Could Get A Lot More Expensive Under A New NAFTA

One day, an avocado’s a buck-fifty. The next, it’s twice that. And this week, just days after a much-ballyhooed markdown at Whole Foods, w...

Mexico’s Lala Group Acquires Vigor Dairy Company

Mexican food company Lala Group has announced that it is acquiring 100% of Brazilian dairy company Vigor Alimentos. The transaction is worth R$5.72 bill...

Avocado Obsessed Finally Get Relief As Prices Drop From Record

Americans’ obsession with avocados sent prices to a record, but there’s good news for guacamole fans: relief could be on the horizon. A conf...

Bimbo Group To Acquire East Balt Bakeries

Mexico’s Bimbo Group is investing US$ 650 million (€555.2 million) to acquire foodservice company East Balt Bakeries. The acquisition, to be...

Target's Chief Sounds Alarm On Pullback By Hispanic Shoppers

Target Corp. Chief Executive Officer Brian Cornell is sounding alarm bells over the state of Hispanic shoppers in the U.S. -- a key growth demographic for...

Mexico Is No Longer No. 1 U.S. Corn-Buyer After Trade Tensions

Mexico is no longer the biggest buyer of corn from the U.S., a sign that trade tensions are pushing American grain toward other markets while its southern...

As Mezcal Demand Surges, Pernod Ricard Said To Buy Mexico Brand

Pernod Ricard SA is acquiring a majority stake in Del Maguey mezcal, according to people familiar with the matter, a deal that would make it the third majo...

Dr Oetker Takes Over Baking Product Manufacturer In Mexico

Pizza and baking products manufacturer Dr Oetker has announced the takeover of Grupo Rexal, based in Monterrey, Mexico, which is a leading producer of baki...