PepsiCo unloads Brazil’s Coqueiro

By

SeafoodSource staff

Published on
October 13, 2011

According to various Portuguese-language news reports, PepsiCo has sold Coqueiro, a major Brazilian fish canner, to Camil Alimentos for an undisclosed sum.

The acquisition includes two processing facilities — one in São Gonçalo and one in Itajai. Coqueiro produces mainly canned sardines and tuna and has about 1,500 employees.

Camil Alimentos, a major producer of rice and beans, said it plans to expand its seafood activities; it already owns Alcyon Fisherman and other seafood brands.

Coqueiro was PepsiCo’s one seafood brand in the Brazilian market. 

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