McCain Foods completed the acquisition of a 49% stake in Forno de Minas.

McCain Foods completed the acquisition of a 49% stake in Forno de Minas, a Brazil-based food manufacturer. Financial terms were not disclosed. "The partnership will certainly be very favourable to the growth of both Forno de Minas and McCain’s businesses. We now have the joint opportunity to expand our business in Brazil, as well as in the world market," Helder Mendonça, Forno de Minas CEO.