Switzerland: Nestle to close dairy plant in Nicaragua

Global FMCG giant Nestle has announced plans to close a dairy plant in Nicaragua due to “current global dynamics for efficient and productive operations”.

Located in the northern part of Nicaragua, the Matagalpa facility specializes in the production of dairy products under the Prolacsa brand.

In a statement, Juan Gabriel Reyes, CEO and president of Nestle Central America, said: “To continue offering our consumers accessible and highest quality products, we inform the company’s strategic decision at a regional level to gradually transfer the entire manufacturing operation of Prolacsa S.A., located in Matagalpa (northern Nicaragua) to other factories in Latin America”.

“Shared value creation programs will continue to contribute to the development and well-being of Nicaraguan coffee growers”, he added.

The company stated that it intends to remain in the country through other commercial operations and distribution centres, with an ongoing commitment to acquiring 13% of the nation’s coffee.

Source: Just Food / Qcostarica