November 7, 2012
Brasil Foods and Ireland’s Carbery Group have agreed to form a $50m joint v
Brasil Foods and Ireland’s Carbery Group have agreed to form a $50m joint venture, the companies say, investing in a new whey processing facility in Brazil. The investment, for which a name has not yet been disclosed, will employ Carbery technology to Brasil Foods’ cheese-making operations in Brazil. Construction is expected to begin immediately for the facility, which Carbery says will increase its footprint in the region. Carbery is a maker of whey-based ingredients.