Guatemala: Campero signs alliance agreement with Spanish firm

The Spanish multi-national Eat Out and Pollo Campero signed an agreement on April 29 to form an alliance to expand the operations of both companies in Central America and Spain.

Monday, May 5, 2008

The companies created a new corporation, whose name was not revealed, in which Eat Out is the majority shareholder. Eat Out belongs to Grupo Agrolimen and Pollo Campero is part of the Guatemalan multi-national Multi Inversiones.

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Mergers and Acquisitions in Costa Rica

April 2013

As of April 5 mergers and acquisitions will have to be approved at the Antitrust Commission, part of the Ministry of Economy, Industry and Trade, before they can take place.

From that date, the Antitrust Commission, at the Ministry of Economy, Industry and Commerce (MEIC), will have the power to approve or deny deals, if it is concluded that they would result in undue concentration of business.

Grupo Calleja Pulls Out of Almacenes Europa Purchase

February 2012

The application for authorization for economic concentration by Grupo Calleja with the Superintendency of Competition in El Salvador has been withdrawn after negotiations were broken off.

A press release from the Superintendency of Competition in El Salvador states:

Lawyers representing Grupo Calleja who filed a request for authorization for economic concentration resulting from Calleja’s purchase of Europa S.A.

Costa Rica's Comeca Buys Colombia's Prodenvases

July 2013

In a transaction worth approximately $24 million, Grupo Mundial sold 100% of Prodenvases to Grupo Comeca from Costa Rica.

From a press release issued by the Grupo Mundial:

Today Grupo Mundial and Crown Cork and Seal Company and its affiliates sold 100% of Prodenvases Crown (now Prodenvases SAS) to Group Comeca from Costa Rica, in a transaction that reached $24 million before the adjustments used in these type of transactions.

Nicaraguan Businessman Buys El Nuevo Diario

May 2011

In the end it was not the Pellas Group that saved the newspaper, but Ramiro Ortiz Mayorga, an entrepreneur who has signed an agreement on funding.

The financial and economic crisis in El Nuevo Diario seems to have found a solution, at least for now. The fate that could have befallen the online newspaper opposing the Sandinista government had caused serious concern because of the imbalance that would have occurred in the media, seeing as the most interested in acquiring the paper was an economic group closely akin to the government.

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