Colombia: Alpina close to acquiring Ecuador's Kiosko

Alpina of Colombia is very close to buying the Ecuadorean yoghurt-producer Kiosko, a firm which is thought to have raised its production from 881 m tons to 2,235 m tons so far this decade and which buys in 12,000 daily litres of milk. Alpina already has a plant in Ecuador whilst, just yesterday, it officially announced the setting-up of a new plant back home in northern Antioquia (Entrerrios) at a cost of US$50mil over the next five years. Alpina is already operational in the municipality, improving roads and acquiring milk. The firm has a presence across more than 1,000 Colombian municipalities, reaching over 20 million consumers.

Publication: SABI - Business News
Provider: South American Business Information
Date: December 10, 2007

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