Camil Alimentos S.A. (BOVESPA:CAML3) agreed to acquire Cipa Industrial de Produtos Alimentares Ltda./Cipa Nordeste Industrial De Produtos Alimentares Ltda from PepsiCo, Inc. (NasdaqGS:PEP) on August 23, 2022. Camil will inherit factories in Aparecida de Goiânia in Goiás state and Itaporanga D'Ajuda in Sergipe, along with the two companies' 800 employees. The transaction is subject to approval from the country's competition body, the Administrative Council for Economic Defense (CADE).

Camil Alimentos S.A. (BOVESPA:CAML3) completed the acquisition of Cipa Industrial de Produtos Alimentares Ltda./Cipa Nordeste Industrial De Produtos Alimentares Ltda from PepsiCo, Inc. (NasdaqGS:PEP) on November 1, 2022.