Costa Rica's Dos Pinos Absorbs Dairy Cooperative

The Costa Rican dairy giant has merged with the cooperative Coopecoronado.

Monday, May 14, 2012

Both companies have been in a partnership since 1999, through which Coopecoronado became associated Dos Pinos.

From May 1st, almost all of Coopecoronado’s 300 employees joined Dos Pinos, explained Luis Esteban Brenes, commercial director of the latter company.

With the merger, the company "expects to mitigate competition from dairy products entering the country duty free from the United States and Central America, and thereby strengthening the more than 100 Coronado branded products, including, among other things, milk , juices, puddings and other presentations," reported elfinancierocr.com.

Dos Pinos now has 4.000 collaborators and controls over 80% of the dairy market in Costa Rica, with sales of $650 million per year.

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