Arla Foods has decided to sell its 8% share in Brazilian dairy company Vigor with immediate effect following a change in ownership of the latter. Brazil’s leading dairy company Vigor S.A. (“Vigor”) has been sold by ...
Tags: Arla Foods, dairy
Mexican dairy company Grupo Lala has agreed to acquire Brazil-based dairy and food firm Vigor Alimentos for BRL 5.725 bn ($1.84bn). The deal follows approval by Grupo Lala’s board of directors, with the favorable opinion of the ...
Tags: dairy company, dairy products
Mexican dairy company Grupo Lala is nearing an agreement to acquire Brazil-based dairy and food firm Vigor Alimentos. Grupo Lala completed the negotiation process to complete the purchase of Vigor Alimentos, including its shareholding in ...
Mexican food company Grupo LALA has signed a strategic agreement with the Costa Rican firm Florida Bebidas for the production, distribution and sale of LALA products in Costa Rica. The partnership is expected to enable LALA to gain access ...
Mexican food firm Grupo LALA has agreed to acquire assets of Nicaraguan food company Eskimo for an undisclosed amount. An agreement to this effect was signed by both the companies, with the transaction to be closed after obtaining ...
Tags: ice cream, milk and yoghurt, Agriculture
Mexico-based food company Grupo LALA has posted a 69.8% increase in its Q1 2014 net income to MXN795.7m ($60.6m), compared to MXN468.6m ($35.7m) in the same quarter last year. The company reported a 6.7% rise in year-on-year sales, and ...
Tags: Agriculture, Food
Grupo LALA, S.A.B. de C.V. ("Grupo LALA" or "LALA"), Mexico's leader in healthy and nutritious foods, today announced its unaudited results for the fourth quarter and full year 2013. Arquimedes Celis, Grupo LALA's CEO, commented, "2013 ...
Tags: Grupo Lala, nutritious foods, healthy foods
Alfa, a Mexican conglomerate engaged in car parts and petrochemicals, is looking at options to launch an initial public offering (IPO) for its processed foods division Sigma Alimentos. Sigma produces dairy and meat products under Fud and ...
Tags: Sigma Food Unit, Food
Grupo Lala, a Mexican dairy company, is set to raise $863m through an initial public offering (IPO) this month to strengthen its operations and prepay bank loans. The company is offering 444 million shares in an offering that is ...
Tags: Dairy Grupo, Lala
Grupo Lala, a Mexican dairy company, has announced plans to launch an initial public offering (IPO) to strengthen its distribution operations and prepay bank loans. The company also plans to use the proceeds to pursue acquisition of ...
Tags: Dairy Grupo, IPO
Canadian dairy firm Saputo has signed a deal to acquire the Morningstar business of Dean Foods. The US$1.45bn deal will be financed through a newly-committed bank loan, Saputo said today (3 December). The acquisition will help expand the ...
Tags: dairy, Morningstar, Dean Foods, acquire
US-based food company Kraft Foods is seeking to sell its Breakstone's sour cream and cottage cheese products unit,which is estimated to be worth$400m. Mexico-based Dairy firm Grupo Lala is planning to acquire Breakstone's ...
Tags: sour cream, cheese products, Kraft Foods, brand