Distribuidora Lucema Acquires Salsas Alfaro for $4 millionMario Cercone, president of Distribuidora Lucema, confirmed the acquisition of Salsas Alfaro, a deal completed last week for $4 million.Tuesday, March 6, 2012
For the distributor, this step is an opportunity to expand its portfolio of foods which already includes Lucema pastas and Richly canned goods (vegetables and mushrooms). He added that it is possible that Salsas Alfaro may now make inroads into the niche of prepared sauces (especially tomato or tomato with meat), according to an article on Nacion.com. Source: Nacion.com ¿Busca soluciones de inteligencia comercial para su empresa?Mergers and Acquisitions in Costa RicaApril 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. Panamanian Industries ¿For Sale?February 2011 Over the past 12 years, at least 10 of the country's largest industrial companies were acquired by foreign capital. "A Sweet, Gold Deal"June 2008 Del Monte's $403 million acquisition of two Costa Rican fruit production operations could significant add to the company's earnings, according to Wachovia. Excel adds Renault Costa Rica to auto portfolioApril 2008 Excel Automotriz, Central America's leading automobile distributor, has acquired Renault Costa Rica to add to its portfolio of 15 brands in the region.
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