Idilia Foods, a diversified Spanish food and drinks firm. has announced the acquisition of 50% of dairy drinks maker Cacaolat from beermaker Damm. Founded in 1933 in Barcelona, Cacaolat is known for its namesake brand of chocolate milk, as well as Letona and Laccao, and generated turnover of €82 million ($88.1 million) in 2023. In a statement, Idilia Foods and Damm said the acquisition would allow Cacaolat to combine its …
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Idilia Foods
Idilia Foods, a Spanish firm with a broad portfolio of food and drinks products, is extending its Cola Cao milkshake range with two new varieties based on dairy alternative milks. Cola Cao milkshakes are produced via a joint venture between Idilia Foods and dairy firm Calidad Pascual, with the product line manufactured in Calidad Pascual’s facilities. The product line is sold in a cup format and is currently offered in …
Food and drinks firm Idilia Foods is extending its established Cola Cao dairy-based powder drink with a new version sweetened with stevia, according to a report in Tecno Mercado Retail. Available in Chocolate, Strawberry and Vanilla options, Cola Cao with Stevia is said to contain “richer energy” and to be sugar-free , while still providing the same “exquisite and distinctive flavour” as the original product. The product is sold variously in …
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