Saturday 8 May 2021

Costa Rica’s Dos Pinos Buys Dairy Plant in Nicaragua, But Kept It Quiet

Pinos-financiamiento-Rancho-Redondo-Goicoechea

QCOSTARICA – This week learned, while Costa Rica and Nicaragua are locked into a diary war, the Costa Rican dairy producer Cooperativa de Productores de Leche R.L., known as “Dos Pinos”, in 2015 purchased the industrial plant La Completa with the aim of strengthening its presence in a market, the company says, they have room to promote greater consumption of dairy products and further develop dairy farming.

The purchase of the plant located in Chontales, for an undisclosed amount, was completed in August last year, but was not announced at the time in Costa Rica, where high production costs have prompted several companies to move their operations to Nicaragua.

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Francisco Arias, manager of Corporate Relations and Livestock of Dos Pinos as said “we kept in confidence”.

Since last month (May), Costa Rica has prevented the entry of products from two plants owned by the Mexican plant, Lala and in what is believed to be a retaliatory action, Nicaraguan health authorities have blocked the entry of products from Dos Pinos and two other companies.

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FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

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"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

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