Posadas, Posadas & Vecino and Guyer & Regules advised on the agreement
Cooperativa Nacional de Productores de Leche (CONAPROLE) signed an agreement with GEA for the development on a new production plant for baby milk powder.
Conaprole is a dairy producer co-op that receives and processes approximately 700 million liters of milk annually from some 2,600 producers. It produces pasteurized milk and a broad range of other products that it markets locally and for export. Exports account for more than 50% of Conaprole’s sales and go to more than forty countries. The company is Latin America’s second largest exporter of dairy products and one of Uruguay’s leading exporters overall.
Conaprole was created by law in 1935. The law merged several dairy companies and cooperatives and gave the resulting company a monopoly on the distribution of fluid milk in Uruguay until the monopoly was abolished in 1984. Conaprole has eight industrial plants turning out more than 300 dairy products; fluid milk for consumption accounts for approximately 20% of the total milk processed. Conaprole’s range of products also includes non-dairy food products (such as fruit juices and tomato pulp). Conaprole has a technical department that provides producers with advice on production, sanitation, and quality. The company also provides financing for the purchase of production supplies and dairy industry equipment.
GEA is one of the largest technology suppliers for food processing and a wide range of other industries. The global group focuses on technologies, components and sustainable solutions for sophisticated production processes in diverse end-user markets.
Posadas, Posadas & Vecino advised CONAPROLE with Gerardo Caferra (Picture), Andrés Aznarez and Valentina Rostán.
Guyer & Regules advised GEA with Maria Noel Riotorto and Federico Carbajales.
Involved fees earner: Federico Carbajales – Guyer & Regules; María Noel Riotorto – Guyer & Regules; Andrés Aznarez – Posadas, Posadas & Vecino; Gerardo Caferra – Posadas, Posadas & Vecino; Valentina Rostán – Posadas, Posadas & Vecino;