Auction ends era for Floresville dairy

Grupo Lala, the Mexican owner of Promised Land Dairy, is moving its Floresville operations to a more modern facility in Colorado Springs, Colorado.

“This consolidation allows Promised Land to better meet the needs of retailers and consumers by offering an extended shelf life product (ESL) in its nationwide markets,” the company said in an emailed statement.

 

The Floresville plant did not produce ESL products.

Lala acquired the plant with its $246 million purchase of Laguna Dairy in 2016. The acquisition allowed Lala, which now has about $3.4 billion in revenue, to target Hispanics in the U.S. with products including yogurt smoothies, Borden cultured products and Nordica cottage cheese.