Costa Rica's El Lagar begins transformation

El Lagar, a hardware store chain that's been around for four decades, is no longer a family business and has tied its fortunes to those of Grupo Progreso de Guatemala.

Wednesday, July 9, 2008

The regional conglomerate Grupo Progreso de Guatemala has acquired a majority interest in the El Lagar.
General Manager Ricardo Mora said that under the new owners, there will be some changes in the working conditions, but "the way we have treated our customers will not change and, on the contrary, will be strengthened."

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