Grupo Lala, S.A.B. de C.V., Mexico, acquired 99.9% of the shares of the Brazilian dairy company Vigor Alimentos, S.A. and 50% of the shares of Itambé Alimentos, S.A., also a Brazilian dairy company.
Founded in 1917, Vigor has a consolidated infrastructure of over 3,900 employees, 3 milk collection centers, 9 production facilities and 19 distribution centers reaching 47,000 points of sale, with a strong presence in the states of Sao Paulo, Minas Gerais and Rio de Janeiro.
"We are very excited about the Vigor acquisition,” says Scot Rank, Grupo LALA's CEO. “I am sure that Lala and Vigor are a solid combination to build a leading company in Brazil of healthy and nutritious products, since they have the scale, portfolio, innovation and talent needed. With this acquisition, Grupo Lala continues building a profitable business of value-added products."