Spain’s Idilia Foods buys 50% of dairy drinks maker Cacaolat
![Spain’s Idilia Foods buys 50% of dairy drinks maker Cacaolat 1 idilia foods acquire cacaolat dairynews7x7](https://dairynews7x7.com/wp-content/uploads/2024/06/idilia-foods-acquire-cacalato-dairynews7x7.jpg)
Spain-based Idilia Foods has struck a deal to acquire 50% of local dairy-drinks business Cacaolat from beer giant Damm. The deal, agreed for an undisclosed sum, will see Idilia and Damm “jointly manage” Cacaolat, which markets drinks under its namesake brand, as well as Letona milk and Laccao chocolate milk. The transaction remains subject to […]
Shoppers in Spain are buying cheaper and less fresh produce
![Shoppers in Spain are buying cheaper and less fresh produce 2 Shoppers in Spain are buying cheaper and less fresh produce - Dairy News 7X7](https://dairynews7x7.com/wp-content/uploads/2024/01/inflation-impacts-dairy-salesin-spain-dairynews7x7.jpg)
The cost of inflation is pushing more people in Spain towards buying cheaper private label products instead of better-quality and more expensive fresh produce. Despite the rise in inflation starting to stabilise from the peak of 10.8% reached in July last year to the 3.5% in September this year, the advance CPI for October was […]