Nicaragua: Grupo Lala Announces Purchase of La Perfecta

The Mexican group has agreed to acquire 100% of the shares of the Nicaraguan company which has sales of $46 million a year.

Friday, January 29, 2016

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. With this transaction, Grupo LALA will expand its operations in Central America.

Read: "Lala impacts dairy sector"

La Perfecta, a Nicaraguan company founded in 1959, manufactures and sells milk, dairy products and juices in the region. In Nicaragua, it operates a distribution network that links more than 25,000 outlets. La Perfecta has a portfolio of 8 brands and more than 130 SKUs (stock keeping units). At the close of 2014, the company's annual sales were more than $46 million.

Read: "Milk supply increases in Central America".



More on this topic

Grupo Lala Buys Dairy Plant in Costa Rica

July 2016

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.

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.

Regional Dairy Market on Alert

February 2016

Lala Group intends to take advantage of the free transit of goods in Central America to produce and export milk from Nicaragua to the entire region.

The Mexican company Lala confirmed the positive performance of Nicaragua's economy, announcing its intention to turn the country into a production hub and to export dairy products to the rest of Central America.

Nicaragua: Monopoly in the Dairy Industry?

February 2016

Nicaraguan cattle farmers are complaining that the Mexican company Lala could be stockpiling more than 70% of the milk available to the industry.

Complaints by entrepreneurs in the Nicaraguan dairy and livestock sector come just days after the Mexican industrial group announced the purchase of the company Productos Lacteos La Perfecta, which generates annual sales of $46 million.

Lala Impacts Dairy Sector

May 2015

The start of operations by Lala will have a favorable impact on the conditions of production and quality of milk and stabilize the price of milk for producers.

The start of operations of a plant with capacity to process up to 300 thousand liters of milk per day will result in benefits not only for the production sector, which could sell most of the expressed milk, but also force an improvement in the regional dairy market conditions, infrastructure and production practices related to animal feed, sanitary measures, among other things.

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