MEXICO CITY (Reuters) – 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.
(Reporting by Raul Cortes Fernandez; Editing by David Alire Garcia)