July 22, 2017 4:47 PM ET

Food Products

Company Overview of Grupo Lala, S.A.B. de C.V.

Company Overview

Grupo LALA, S.A.B. de C.V., an investment holding company, operates in the dairy industry sector. It offers various types of milk and dairy products, including yoghurt, cheese, cream, butter, probiotic drinks, and ice cream products, as well as desserts, such as jelly, flan, custard, and rice with milk. It also provides related products, including margarine and carton packaging materials; and non-dairy products consisting of juices, fruit drinks, and other related products. The company offers its products to individuals and businesses, such as supermarket chains, minimarkets, grocery stores, bakeries, restaurants, and government offices through its points of sale and wholesale distributors i...

Calzada Lázaro Cárdenas No. 185

Parque Industrial Lagunero

Gómez Palacio, DG 35077

Mexico

Founded in 1949

34,884 Employees

Phone:

52 871 729 3100

Key Executives for Grupo Lala, S.A.B. de C.V.

Grupo Lala, S.A.B. de C.V. does not have any Key Executives recorded.

Grupo Lala, S.A.B. de C.V. Key Developments

Vigor Reportedly Offered To Danone And Lactalis

S.A. Fábrica de Produtos Alimentícios Vigor is being offered to about half a dozen peers including Groupe Lactalis S.A. and Danone (ENXTPA:BN), two people with knowledge of the process said. The process to sell Vigor, which the investment banking units of Banco Santander Brasil SA and Banco Bradesco SA are advising, is in an initial stage, said the people, who declined to elaborate on the bidding process. Also, other companies invited to analyze Vigor's business include Emmi AG (SWX:EMMN) and Grupo Lala, S.A.B. de C.V. (BMV:LALA B), the people said. So far, no price or a deadline for offers was decided, and there is no certainty a deal can be reached, the people said. The media office of Danone declined to comment. J&F, Lala, Lactalis, Emmi and the banks did not immediately comment on the matter. The people asked for anonymity to speak freely about the process.

Grupo Lala Reportedly Seeks To Acquire Stonyfield

A new bidder has emerged for Stonyfield Farm, Inc. that was put on the market by Danone (ENXTPA:BN). Grupo Lala, S.A.B. de C.V. (BMV:LALA B) is in advanced negotiations to buy Stonyfield, the Wall Street Journal reported on May 17, 2017, citing people familiar with the matter. How much Grupo Lala is willing to pay couldn't be learned, the Journal said.

Grupo Lala, S.A.B. De C.V. Reports Consolidated Financial Results for the First Quarter Ended Mar. 31, 2017

Grupo Lala, S.A.B. de C.V. reported consolidated financial results for the first quarter ended Mar. 31, 2017. For the quarter, the company reported operating income of $1.254 billion, EBITDA of $1.725 billion and net income of $704 million on net sales of $14.799 billion against operating income of $1.557 billion, EBITDA of $1.889 billion and net income of $1.111 billion on net sales of $12.509 billion for the same period of last year.

Recent Private Companies Transactions

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