Grupo LALA signs distribution deal in Costa Rica
The company says that the agreement will provide LALA access to a platform to strengthen its regional presence.
LALA's operations in Costa Rica will have distribution capacity through Florida's network to serve points of sale in the Costa Rican traditional trade channel.
The deal also provides raw milk supply assurance, with the support of the Regional Farming Cooperative of Dairy Farmers (Coopeleche).
Acquiring dairy production facility
Production capacity will be enhanced through the acquisition of a dairy production facility, in San Ramón Alajuela, Costa Rica.
LALA, Florida and Coopeleche will continue operating independently.
The agreement is subject to the corresponding closing conditions and regulatory approvals.