The dairy products that the Mexican company is to sell in Nicaragua under the brand Lala will be made at the plant in San Benito, in Tipitapa, department of Managua.
Wednesday, August 3, 2016
The dairy products under the brand Lala which will start to be sold in Nicaragua are whole milk, lowfat, light, low fat, lactose-free and lactose-free Light.
Michael Schumann, regional commercial director of the company for Central America, told Elnuevodiario.com.ni that "... the products will be made in the San Benito plant, in Tipitapa".
"... The brands Eskimo and La Perfecta will still be produced and marketed in the country, said the dairy products company. In addition they plan to export to Central America and the Caribbean in the near future depending on the opportunities in local markets."
The Mexican company Lala plans to invest $14 million in the expansion of its plant in Alajuela and to start selling milk and ice cream in the Costa Rican market, starting from 2018.
The investments being made in Central America by companies in the dairy industry reflect the growth potential of this business in the region, where per capita consumption of milk and dairy products has been growing during the last years.
Health authorities in Costa Rica have given their endorsement to two plants belonging to Grupo Lala in Nicaragua so that they can once again market their products.
The authorization for Grupo Lala comes at about the same time as the authorization granted by Nicaragua to theentry of products from the Costa Rican company Dos Pinos, ending a conflict which for several months affected the performance of the sector in both countries.
The Mexican group has agreed to acquire 100% of the shares of the Nicaraguan company which has sales of $46 million a year.
From a statement issued by Grupo Lala:
Mexico City, on January 28, 2016 - Grupo LALA, SAB de CV, a Mexican company focusing on the healthy foods industry (BMV: LALA B), reports that it has entered into an agreement to acquire 100% of the capital shares of Productos Lácteos La Perfecta, S.A.
The Mexican company will invest $50 million in a plant to process 200,000 liters of milk a day.
The information was released by Alvaro Baltodano, presidential delegate for investment, adding that Lala will process 75% of the milk produced in the country, because Nicaragua only takes advantage of 25% of what it produces.
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