Mexican dairy company Grupo Lala says ending Costa Rica operations

Business

Mexican dairy company Grupo Lala will end operations in Costa Rica as it aims to refocus on key markets, the firm said in a statement on Tuesday.

The closure effective on December 11 will accrue a $3 million benefit in earnings before interest, taxes, depreciation and amortization (EBITDA) for Lala’s Central American business, the statement added.