Grupo LALA expands in U.S. with National Dairy
May 08, 2009
by Eric Schroeder
DALLAS — Grupo LALA has acquired National Dairy from Dairy Farmers of America, Inc., a move that is expected to expand the Mexican-based company’s presence in the United States and allow D.F.A. to invest in new strategic projects. Financial terms of the transaction were not disclosed.
Based in Dallas, National Dairy’s brands include Borden, Dairy Fresh, Velda Farms, Flav-O-Rich, Sinton’s, Cream O’Weber, Meyer Dairy, Dairymen, Coburg Dairy, Goldenrod and Georgia Soft Serve Delights. The company operates 18 processing facilities in the United States and will operate as a wholly-owned subsidiary of LALA.
"Acquiring National Dairy and its leading regional brands provides LALA a unique opportunity to further broaden the manufacturing and marketing of value-added dairy products in the United States," said Eduardo Tricio, chairman of LALA. "We look forward to working with National Dairy’s management and employees to deliver top-quality, innovative and nutritious products to customers."