Mexican dairy company Grupo Lala has announced that it will close its operations in Costa Rica to focus on its key markets, increase profitability, and improve return on invested capital. The closure, which will be effective as of 11th December, includes one production facility, one distribution centre, and 12 distribution routes. Commenting on the decision, Lala CEO Arquimedes Celis said: “After a detailed analysis and review of Lala’s Costa Rica operation, we …
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Grupo Lala
Grupo Lala, the Mexican dairy company, has announced that it has reached a deal to acquire its Brazilian peer Vigor for an implied value of R$5.725 billion ($1.839 billion). The deal is set to include the acquisition of up to 100% of the shares of Vigor Alimentos SA, as well as up to 100% of the shares in Itambe Alimentos. Founded in 1917, Vigor is described as having 14 production plants, 31 …
Mexican dairy company Grupo Lala is set to invest $30 million in the construction of a new facility in Guatemala, according to a report in FoodBev. Located in Escuintla, the new dairy facility will be 12,000 sq m in size and will produce pasteurized milk, ultrapasteurized milk (UHT) and ice cream, with capacity for five thousand tons of products per month. It is set to support 3,500 direct and indirect …
Mexican dairy company Grupo Lala has announced the creation of a division in the US under the name Lala US, to be headquartered in Dallas, Texas. This decision, furthering the firm’s presence in the US market, comes after the $246 milliun acquisition of US-based Laguna Dairy in May. According to the source, the US arm will focus on the production of value-added products with a portfolio that includes brands such …
Grupo Lala, a Mexican dairy firm, has announced a partnership agreement with two companies in Costa Rica to start operations in the Central American country. The company will work with Costa Rican firms Coopeleche and Florida Bebidas for the manufacture of their brand and local brand Mu!, according to the company. “Coopeleche’s almost 40 years of experience and its extraordinary knowledge of the local milk production standards were vital in …
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