Mexico: Grupo Lala to close operations in Costa Rica
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 […]
Brazil: Grupo Lala announces deal for Vigor
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 […]
Mexico: Grupo Lala to invest in dairy facility in Guatemala
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 […]
Mexico: Grupo Lala expands to US with new business division
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 […]
Mexico: Grupo Lala to start operations in Costa Rica
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 […]