The American business group Sandford Health acquired 12.5% of the shares of the companies of the Montecristo Group.
Both companies reported that they reached an agreement for Sandford to acquire part of the shares of the Montecristo Group companies, such as Hospital Metropolitano, Medismart, Labinclinic, Drs Dent and Laboratorios Páez.
The Coca-Cola Company authorized the concentration consisting of the acquisition by The Coca-Cola Company of the brands Oasis and Cristal and other distinctive signs that protect bottled water products, as well as the granting of a bottling and distribution contract for such products to La Constancia.
The Superintendence of Competition reported that this contract will allow La Constancia to bottle and distribute the products of the mentioned water brands, under the terms that it already does with other brands of non-alcoholic beverages owned by The Coca Cola Company (TCCC) and that are marketed in the Salvadoran market.
The transnational UPL announced the acquisition of Industrias BioQuim Centroamericanas S.A., a company dedicated to the manufacture and commercialization of agrochemicals.
This acquisition, which was made through UPL Costa Rica S.A., is the first made by the transnational UPL in the region.
High operating costs and the contraction of internal consumption are some of the reasons why in Costa Rica manufacturing companies under definitive regime report a decrease in their production, a situation that contrasts with the dynamism of companies in free trade zones.
The latest report on economic activity in the country, compiled by the Central Bank of Costa Rica explains that manufacturing grew 2.3% mainly because the free zone companies maintained a high growth (10.8%), which more than compensated for the decrease in production of the definitive regime (-2.5%).
After more than 40 days of protests and looting, Honduran businessmen report that about 50 companies have been affected, and several stores have already been closed.
Preliminary reports from the Chamber of Commerce and Industry of Tegucigalpa (CCIT), establish that among the most affected businesses are supermarket chains, appliance stores, fast food restaurants and microenterprises dedicated to the marketing of clothing and footwear.
After 14 months of socio-political crisis in Nicaragua, companies in the country face a reduction in consumption and investment, as well as the impact on national economic activity of rising unemployment.
According to studies conducted by the Consejo Superior de la Empresa Privada (COSEP) and the Nicaraguan Foundation for Economic and Social Development (FUNIDES), the local economy faces a contraction in economic activity that continues to deepen, prevailing uncertainty and distrust in consumers and investors.
From 5 to 10 October, Guatemalan businessmen from the agricultural sector will travel to Madrid to make several business appointments with potential Spanish buyers, and also know the trends in the supermarket sector.
Spain is a market with an interest in export products such as mango, avocado, roasted and green coffee, fresh vegetables and exotic fruits, some of the products most demanded by Spanish buyers, reported Agexport.
From January to April of this year, the number of mercantile companies registered totaled 13,975, 15% more than the number reported in the same period in 2018.
Data from the Mercantile Registry (RM) specify that between the first four months of 2018 and the same period of 2019, 1,783 more companies were registered in the country, going from 12,192 to 13,975.
The business sector is concerned about the way in which the demonstrations have developed in recent days, generating "an unsustainable cost to the Honduran economy.”
After the Honduran government approved decrees PCM-026-2018 and PCM-027-2019, the country's doctors and teachers began demonstrations with the aim of repealing them, because they argue that they will be able to fire government employees and privatize public services.
During 2018, 25% of Costa Rica's workers were concentrated in companies engaged in the trade and repair of motor vehicles and motorcycles, and 22% in manufacturing industries.
The third sector in the country, according to concentration of working people, was Activities of administrative and support services with 17% of the total, explains the "National Survey of Companies 2018".
From July 22nd to 25th, Guatemalan companies focused on mass consumption will meet with Dominican buyers, and will learn about market trends through visits to major supermarkets.
The mission, organized by the Guatemalan exporters' guild, is aimed at national companies focused on mass consumer products, who will have the opportunity to have business appointments with Dominican buyers, hold meetings with institutions in the destination country, and learn about market trends.
In El Salvador, the Superintendence of Competition reported that "it has declared inadmissible the request for economic concentration presented by América Móvil S.A.B. de C.V., on March 5 of this year."
"When a new application for authorization is submitted, the SC will continue this process on the basis of a technical, legal and economic analysis, under the principle of independence that the LC mandates and distinguishes its actions, with the sole objective of protecting and ensuring competition in the country," reported the Superintendence of Competition (SC).
The company reported that it has transferred the entire share capital of Telefónica Celular de Nicaragua, S.A. to Millicom International Cellular, S.A., for a price of $437 million.
On May 16, Telefónica S.A. reported that "Following the communication published on February 20, 2019 (with entry registration number 274959), Telefónica announces that once the relevant regulatory approvals have been obtained, Telefónica Centroamérica Inversiones, S.L.., a company owned, directly and indirectly, 60% by Telefónica and 40% by Corporación Multi Inversiones, has today transferred the entire share capital of Telefónica Celular de Nicaragua, S.A. to Millicom International Cellular, S.A. for a price of 437 million dollars, approximately 390 million euros at the current exchange rate". Consult Telefónica's full press release.
In the footwear import business, it is estimated that Payless Shoesource and Sportline America represent around 10% of the market share.
Data from the "Corporate System of Companies" platform, from the Trade Intelligence unit of CentralAmericaData provides details on the companies according to sector, main activity, volume and value of their imports, exports and other relevant data.
During the first three months of 2019, 3,128 anonymous corporations were registered in the country, 12% less than those reported in the first quarter of 2018.
The most recent report of the General Comptroller of the Republic details that between the first quarter of last year and the same period of 2019, the number of corporations registered in the country went from 3,543 to 3,128.
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...