Dos Pinos Announces new Regional Investment
The Costa Rican company announced expansion plans in Honduras, the Dominican Republic and Panama.
Wednesday, January 19, 2011
The arrival of firms Lala, Femsa and Casaluque into the regional market influenced the company´s decision. Jorge Pattoni, manager of Dos Pinos, preferred not to talk about the type of investments to be made but said the company will not be sold and will further strengthen to compete in the regional market.
The Costa Rican cooperative Dos Pinos plans to reduce the deficit of 110 million liters of milk registered in the country where 300 million liters is consumed a year.
Costa Rica's top maker of dairy products, the Dos Pinos Cooperative, aims to expand its presence in Guatemala.
The Cooperative of Milk Producers of Dos Pinos has started dairy exports to Venezuela, the tenth market in which it will place its products.
The transaction, which was carried out in 2015, was not announced at the time in Costa Rica, where high production costs have prompted several companies to move their operations to Nicaragua.
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