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.

"That´s why it was decided to make new investments, in addition to the existing investments: a distribution center in Guatemala and Nicaragua as well as a joint venture in a manufacturing plant in Panama," reported an article in Nacion.com.

More on this topic

Costa Ricans Buy Dairy Plant in Nicaragua

June 2016

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.

In 2015 the Costa Rican dairy producer Dos Pinos bought the industrial plant La Completa for an undisclosed amount. Dos Pinos is a cooperative network made up of more than 2,000 associated producers and workers.

Panama: Investment in Attractive Dairy Market

November 2013

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.

The Costa Rican firm plans to invest $5 million per year for the next five years as part of its market expansion strategy to position itself in the Panamanian dairy industry.

Costa Rican Milk Enters Venezuelan Market

June 2012

The Cooperative of Milk Producers of Dos Pinos has started dairy exports to Venezuela, the tenth market in which it will place its products.

In the first year the company will export 240 containers of UHT (long life) milk, equivalent to about $5 million, without ruling out short-term increases in export volumes.

Costa Rica's Dos Pinos aims to expand in Guatemala

July 2008

Costa Rica's top maker of dairy products, the Dos Pinos Cooperative, aims to expand its presence in Guatemala.

Dos Pinos already has US$12.5 million of investment in Guatemala, where it sells 80,000 liters of milk a day, but it aims to boost its presence by reaching accords with local companies, said Dos Pinos manager Jorge Pattoni.

 close (x)

Receive more news about Animal husbandry

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Citrus Extract

CitroBio is a citrus extract wash for use throughout the entire food industry.
CitroBio is a citrus wash for sprouts, fruits,...

Stock Indexes

(Nov 21)
Dow Jones
0.69%
S&P 500
0.65%
Nasdaq
1.06%

Commodities

(Nov 22)
Brent Crude Oil
62.570
Coffee "C"
127.05
Gold
1,289
Silver
17.09