Colombia

Jerónimo Martins Announces Expansion Plan For Ara In Colombia

Portuguese retail group Jerónimo Martins is aiming to have 1,300 stores of the Ara supermarket chain in Colombia by the end of 2023, up from 1,093 l...

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.

Chile's Cencosud Sees Net Income Up 163% In Q2 2023

Chilean multi-format retail holding company Cencosud reported net income of US$ 179 million (€164 million) in the second quarter of 2023, registering...

GPA Again Rejects Jaime Gilinski's Bid To Buy 51% Of Éxito

Brazilian retailer GPA said that its its board has rejected a second offer from Colombian billionaire Jaime Gilinski to acquire a 51% stake in its subsidia...

Jerónimo Martins Sees Profit Up Nearly 60% In Q1 2023

Portuguese retail group Jerónimo Martins posted net profit of €140 million in Q1 2023, an increase of 59.1% compared to the same period last ye...

Nestlé Unveils $100m Colombia Investment To Grow Capacity

Global food giant Nestlé is set to invest $100 million over the next three years in its Colombian operations, President Gustavo Petro said...

Casino's GPA Prepares To Spin Off Colombian Supermarket Operator Exito

Brazilian retailer GPA said it has taken the first steps towards spinning off its Colombian subsidiary Almacenes Exito SA and plans to distribute its share...

Colombia Coffee Federation Head To Step Down

Roberto Velez, head of Colombia's national coffee federation, announced his resignation on Friday after leading the organisation for seven years.

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Colombia

Jerónimo Martins Announces Expansion Plan For Ara In Colombia

Minerva Foods Acquires 16 Facilities From Marfrig In Latin America

Chile's Cencosud Sees Net Income Up 163% In Q2 2023

GPA Again Rejects Jaime Gilinski's Bid To Buy 51% Of Éxito

Jerónimo Martins Sees Profit Up Nearly 60% In Q1 2023

Nestlé Unveils $100m Colombia Investment To Grow Capacity

Casino's GPA Prepares To Spin Off Colombian Supermarket Operator Exito

Colombia Coffee Federation Head To Step Down

Jerónimo Martins Hits 1,000-Store Milestone In Colombia

Coca-Cola, Grupo Éxito Install Recycling Point In Bogotá

Colombia's 2022 Coffee Output Could Hit Lowest Since 2014

Brazil's GPA Revises New Store Opening Plans To 2024

Jerónimo Martins Invests €55 Million In Employee Bonuses

Banana Producers Call For Higher Prices, Reflecting Higher Production Costs

Smurfit Kappa Upgrades Paper Mill In Colombia