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Photo: Hoshizaki

Arias advises Hoshizaki in the strategic acquisition of Fogel’s shares

Arias Law, April 2024 - ARIAS is pleased to announce its role as legal advisors to Hoshizaki in the strategic alliance with Fogel through the acquisition of shares in Fogel Company Inc. This transaction is a significant achievement for all involved, especially for Hoshizaki, as it marks the beginning of its business growth strategy in the region.

As the world’s leading manufacturer of commercial equipment for the food and beverage service industry, Hoshizaki aims to increase its presence in the refrigeration market in the Americas, with a special focus on the Latin American market.

This transaction represents Hoshizaki’s first investment in Central America, facilitating strategic entry into several markets with high growth potential. During the negotiation process, ARIAS played a key role as Hoshizaki’s lead legal advisor in Central America. With its six regional offices, ARIAS provided legal counsel in Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica and Panama, facilitating Hoshizaki’s first investment in the Central American region.

We extend our congratulations to Hoshizaki on the acquisition of shares in Fogel and wish them success in their future endeavors. It has been an honor to serve as their legal advisor during this transaction, thank you to our client for the trust placed in our firm and congratulations to our stellar team!


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