Grupo Gloria, Peru’s largest dairy processor, has added a 55% stake in neighbouring Uruguay’s Ecolat, the second largest dairy processor in that country, according to the Financial Times newspaper. Grupo Gloria has around 81,000 hectares of land in Peru, making it the country’s largest landholder. It also has holdings in Bolivia, Colombia, Ecuador, Puerto Rico and Argentina, which include sugar, cardboard and other businesses as well as dairy.