Camil Alimentos S.A. (BOVESPA:CAML3) agreed to acquire CIPA Industrial Food Products and CIPA Nordeste Industrial de Produtos Alimentares of PepsiCo on August 23, 2022. Acquisition includes two factories, one in Aparecida de Goiânia in Goiás state and another in Itaporanga D'Ajuda in Sergipe along with the two companies' 800 employees. It also includes biscuit brands Mabel, Doce, Mirabel, Elbi's and Pavesino and it covers a ten-year licensing contract for the Toddy brand of cookies and the associated production line.

The transaction is subject to approval from Brazil's competition body, the Administrative Council for Economic Defense (CADE).