Yogurt and Desserts

Grupo Lala's aquisition of Vigor Alimentos S.A. of Brazil will give it access to the largest dairy consumer market in Latin America. Pic: Vigor

Grupo Lala to acquire Vigor Brazil

By Mary Ellen Shoup

Grupo Lala has agreed to acquire 91.99% equity share of Brazilian dairy company Vigor Alimentos S.A., as well as its shareholding in Itambé Alimentos S.A., for US$1.8bn (R$5,725m).