Greek Yogurt Revolution

Icelandic Provisions CEO: Skyr could be as big as Greek

Icelandic Provisions CEO: Skyr could be as big as Greek

By Elaine Watson

Could skyr – which is higher in protein and lower in sugar – be as big as Greek yogurt, or is the ‘Icelandic’ segment of the dairy aisle likely to remain a quirky niche? Ten years ago, people were asking the same question about Greek yogurt, says the...

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).