InvestChile Blog

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UAE-based Group ADQ buys Chilean company Verfrut

InvestChile - February,5,2024

The company was valued at US$680 million, including debt. The process still has to go through the regulatory phases. “We look forward to the next stage of our successful journey,” said Romano Vercellino, founder of Verfrut, in reference to the firm’s future.

Topics: Food Industry

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Ferrero focuses on Chilean hazelnuts with a US$330 million investment

InvestChile - October,11,2023

Nutella and Ferrero Rocher’s parent highlights its long-term commitment to Chile, which is experiencing a boom in hazelnut planting.

Topics: Food Industry- Italian investment

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Coca-Cola partners with startups: “Chile inspires us to innovate”

InvestChile - June,26,2023

At an event to celebrate its 80th anniversary in Chile, the company announced a US$30 million investment in a pioneering recycling plant.

Topics: Food Industry- Startup

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Krispy Kreme: What is behind their successful inauguration in Chile?

InvestChile - April,26,2023

Matías Rosenthal, CEO of Grupo Premier Chile, the firm responsible for the US brand touching down in Chile, tells us that new stores are on the way.

Topics: Food Industry

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Brazilian-owned company Patria will invest US$150 million in Chile

InvestChile - February,3,2023

The company purchased a cold storage plant in Buin as part of its plan to invest US$750 million in Latin America by 2027. One third of this will be in Chile. 

Topics: Food Industry

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Nestlé will invest US$140 million to expand Chile plant

InvestChile - October,12,2022

The project will double current production capacity at the Purina brand facility in located in Teno, in Chile’s Maule Region.

Topics: Foreign Investment- Food Industry- Foreign companies

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Sodexo and its plan to empower more than 2,000 local SMEs as suppliers

InvestChile - October,6,2022

This French company has implemented its "Supply Chain Inclusion Program" in Chile, which benefited more than 2,300 local SMEs during 2021.

Topics: Food Industry- Global services- French investment- Best practices

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AB InBev brewing firm aims for sustainable production in Chile

InvestChile - July,26,2022

The Belgian company has pledged to become carbon neutral throughout its value chain by 2040 and is taking concrete steps toward that target in our country.

Topics: Food Industry- Belgian investment- Best practices

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Chilean cherries take on climate change

InvestChile - July,15,2022

Chile is the southern hemisphere’s foremost producer and exporter of cherries, accounting for over 95% of counter-seasonal supply, whose main destination in China.

Topics: International trade- Environment- Food Industry

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The keys to Cargill’s investment in Salmones Multi X

InvestChile - March,22,2022

Global food giant Cargill has agreed to purchase 24.5% of the Chilean salmon company Multi X. This is the same stake that Japan’s Mitsui will hold; the company already has a stake in the firm. Multiexport Foods will retain control, with 51%.  

Topics: Food Industry

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Ferrero’s plans for continued growth in Chile

InvestChile - January,26,2022

The Italian company’s goal is to double the surface area currently planted with European hazelnuts in the country, making Chile the leading supplier of its plants in both North and South America. 

Topics: Food Industry

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Healthy food made in Chile

InvestChile - January,21,2022

The Live Green Co, NotCo, Protera, and Done Properly are Chilean companies with foreign capital that are giving new meaning to plant-based and fermented foods.

Topics: Food Industry

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Space AG, the Peruvian agricultural startup coming to Chile in 2022

InvestChile - January,14,2022

The Agritech company monitors more than 100,000 hectares belonging to 90 farms and is present in six countries.

Topics: Food Industry

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González Byass acquires Veramonte and Neyen Apalta Estate vineyards

InvestChile - December,1,2021

The holding company, one of the most recognized in Spain, already had investments in Chile. It was founded in 1835 and has 11 wineries, with Tío Pepe and Lepanto Solera Gran Reserva brandy being two of its best-known brands.  

Topics: Food Industry- Wine- Spanish investment

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The Live Green Co: The first BCorp certified FoodTech startup in LatAm

InvestChile - October,5,2021
The company aims to revolutionize the food industry with 100% plant-based products, clean labels, functional ingredients and sustainable production and packaging.

Topics: Food Industry- Foodtech

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Chilean products with seal of origin that travel the world

InvestChile - September,9,2021

In Chile, there are 36 products with protection against unfair competition.  

Topics: International trade- Food Industry

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NotCo: What’s next for this new Chilean unicorn

InvestChile - August,17,2021

The Chilean company that manufactures plant-based products has been valued at US$1.5 billion. After raising US$235 million in a new financing round, CEO Matías Muchnick talks about the three priority areas that lie ahead.  

Topics: Food Industry- Foodtech- Unicorn

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Chilean startup to improve salmon harvest using AI

InvestChile - August,4,2021

This project aims to improve the performance of Camanchaca salmon farm, keeping in consideration variables such as salmon production capacities, demand and price. 

Topics: Food Industry- Salmon- Innovation

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Ferrero Group to install a new hazelnut processing plant in Chile

InvestChile - July,12,2021

The group will invest US$40 million in a new plant in the Ñuble Region through its Chilean subsidiary AgriChile, thereby increasing its production capacity.

Topics: Food Industry- Italian investment

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Mexican firm Aconcagua Foods wants to stimulate growth in Chile

InvestChile - June,25,2021

The multinational owned by parent company La Costeña is present in 40 countries and buys 60% of the peaches grown in Chile.

Topics: Food Industry- Healthy Food- Mexican investment

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