Lala, a Mexican dairy producer, has charted out plans to expand its presence outside of Mexico, Central America and abroad, following a $1bn initial public offering (IPO) this week.
The IPO transaction was headed by JPMorgan Chase, while Banco Bilbao Vizcaya Argentaria and Morgan Stanley have also participated in the transaction.
The company is set to invest in technology and plants in order to cut costs along with expanding into existing and new market segments across Mexico.
Lala CFO Antonio Zamora was quoted by Reuters as saying that the company's shareholders have already had a good return up until now.
Zamora added, "We hope, of course, that success can continue since the funds we're raising are only going to mean that Lala can accelerate its growth.
"There are opportunities in this country, that's the first use for the funds."