International corporation Parmalat sold 51% of its Nicaraguan subsidiary to Productos Lacteos Centroamericanos S.A.
The disposal took place for a consideration of USD 800,000. Furthermore, Parmalat Centroamerica S.A. signed a "license agreement" which will allow Parmalat Group to cash in a total amount of USD 400,000 in the first five years of contract.
Representatives from dairy farmers in Nicaragua and milk processors have agreed to increase collection to keep prices stable.
In order to gain more stability in prices, milk producers and processors have decided to increase the collection of milk from 10% to 20% in light of the crisis caused by low prices paid by informal plants.
Cajetas Rocha is dedicated to the elaboration of Cajetan traditional way, using 100% natural milk. No preservatives and artificial flavorings. Our products are 100% organic.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (505) 2561 2351 - (505) 84652069