Uruguay

Cencosud Expands In Argentina With Makro And Basualdo Acquisition

Chile-based retailer Cencosud is expanding its Argentinian presence by acquiring Makro and Basualdo supermarkets for $122.5 million (€119.3 million).

EU-Mercosur To Meet In September Signaling Movement In Trade Talks

EU and South American negotiators will meet on 4-6 September in Brasilia, raising hopes an EU-Mercosur trade deal can be concluded this year, diplomats sai...

Minerva Foods Acquires 16 Facilities From Marfrig In Latin America

Latin American fresh beef exporter Minerva Foods has acquired 16 facilities in Brazil, Argentina, and Chile from Brazilian meatpacker Marfrig.

Mercosur Splits Dampen EU Outlook For Trade Deal As Window Narrows

Splits within South American trade bloc Mercosur have dampened hopes in the European Union of a trade deal, which could fall apart if it does not get done...

Brazil's Minerva To Buy Uruguayan Meatpacker From NH Foods

Brazilian meatpacker Minerva SA has made a non-binding offer to buy Breeders & Packers Uruguay from Japan-based NH Foods Ltd, it said in a securities f...

Colombia's Grupo Éxito Sees Revenue Up 8.9% In 2018

Colombian retailer Grupo Éxito has reported consolidated net revenue of COP 55 billion in 2018 – an 8.9% increase on the previous year....

Colombia's Grupo Éxito Sees Sales Impacted By Currency Effects

Colombian retailer Grupo Éxito, which is 55% owned by Groupe Casino, has posted net revenue of COP 12.7 billion (€346 million) in the third qua...

In Uruguay, Asian Buyers Seen Hunting Beef M&A

Asian investors will probably buy more Uruguayan meatpackers, adding to a series of deals seen in recent years, as the country’s beef industry offers...

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Uruguayan Wine To Hit UK Supermarkets

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