Grupo Lala Buys Dairy Plant in Costa Rica

The Mexican company has acquired a dairy production plant in Alajuela and through an agreement with Florida Bebidas will produce and market its products in the country.

Wednesday, July 6, 2016

The announcement comes days after Nicaraguan authorities blocked entry of Costa Rican dairy products, after Costa Rica denied a permit to the firm Lala to export products from Nicaragua.

See "Sanitation Controls and the Nicaragua-Costa Rica Dairy Conflict"

Lala's entry into the Costa Rican market comes six months after the company bought La Perfecta in Nicaragua, which has annual sales of $46 million.

In late June it emerged that the Costa Rican Dos Pinos had acquired a dairy production plant in Nicaragua, where production costs are lower. 

From a statement issued by Grupo Lala:

Mexico City, on July 6, 2016 - Grupo LALA, SAB de CV, a Mexican company focused on the health food industry ("LALA") (BMV: LALA B), reports that it has reached a strategic agreement with the Costa Rican company Florida Bebidas, S.A. ("Florida"), for the production, distribution and sale of  LALA® products in Costa Rica.

This strategic agreement will provide LALA access to a platform to strengthen its presence in the region.

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More on this topic

Increased Competition in the Dairy Market

May 2017

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. 

Milk Exports to Nicaragua Resumed

July 2016

The Costa Rican company Dos Pinos has confirmed that it has received verbal authorization to export its products to the neighboring country, with a written endorsement being imminent.

The milk cooperative Dos Pinos may have solved the nonconformity issues that led to the Nicaraguan Institute for Health and Agricultural Protection preventing entry of dairy products from this company to the local market.

No date for Resumption of Nicaragua Costa Rica Dairy Trade

July 2016

The health authorities have announced that they have reached an agreement, but no dates or deadlines have been set to resume sales of the product between the two countries.

The agreement announced by the Ministry of Agriculture and Livestock of Costa Rica and the Institute for Protection and Agricultural in Nicaragua only mentions assessments to be made in plants belonging to the companies Dos Pinos and Grupo Lala, but does not mention dates on which they will be carried out or deadlines for the resumption of bilateral trade in milk.

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.

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