Besides selling the beer brands Suprema and Regia Extra, the group Industrias La Constancia is preparing to also sell this year the business of distributing Coca Cola brand drinks.
The sale of the Coca Cola distribution business and its accompanying brands is due to a decision by The Coca Cola Company to secede from AB InBev, which despite being its partner in several countries, as in the case of El Salvador, also sells drinks under the Pepsi brand.
The subsector that recorded the most significant increase in exports was that of edible oils and fats, which generated $438 million in foreign exchange, an increase of 21%, followed by preparations based on cereals, with $202 million and an increase of 4% sauces, condiments and seasonings, with $52 million and an increase of 16%.Exports of cereal flour generated $17 million and were up 16% compared to the previous year.
The Superintendency of Competition has ruled that the merger between AB InBev and SABMiller be conditional on a divestment plan consisting of the sale of the brands Suprema and Regia Extra.
From a statement issued by the Superintendency of Competition (SC):
TheBoard of Directors of the Superintendency of Competition (CDSC)has conditioned the application for economic concentration between Anheuser-Busch InBev SA / NV(AB InBev)-purchaser- and SABMiller plc(SABMiller) -purchased-. The main conditions imposed were: (1) submit a divestment plan for approval by the CDSC;(2) formalize relationships with suppliers and refrain from anti - competitive practices, and (3) maintain labor guarantees for their employees. TheSuperintendency of Competition (SC)approved on December 7, 2016, the divestment proposal submitted byAB InBev consisting of the saleof the brands Suprema in three varieties, and Regia Extra.
The union of exporters in El Salvador has identified and described the most appropriate distribution channels and opportunities for products such as fruits and processed vegetables, pickles, beverages and snacks.
Florida Bebidas has submitted an environmental impact study to expand the capacity of its beer production plant in the province of Heredia, Costa Rica.
According to data from the Business Intelligence Unit at CentralAmericaData com, Productora La Florida S.A. presented an Environmental Impact Assessment (EIA) for the project"Expansion of Beer Manufacturing Plant", located in the district of La Ribera, Canton of Belen, province of Heredia.
Reports show that in the last five years consumption has grown by 150%, going from 3.6 million liters consumed in 2010 to 10 million in 2015.
Brands such as Monster, Jet, Battery and Red Bull are some of the energy drinks sold in Costa Rica, where, as in other countries, the consumption of these drinks has been growing steadily in recent years.
A new web platform belonging to the SIECA aims to simplify and harmonize procedures for the sanitary registration of processed foods and beverages in Central America.
A statement issued by the Sieca explains that"...TheRegional Integration System for Health Records(SIRRS) is a regional automated system for the recognition of medical records to be administered by SIECA and aims to simplify, harmonize and automate procedures for sanitary registration of processed foods and beverages in Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. "