BLP advises FIFCO on the sale of its food and beverage businesses to HEINEKEN

BLP acted as legal advisor to FIFCO in the execution of a binding agreement to sell to HEINEKEN N.V. ("HEINEKEN") the remaining 75% equity stake in its subsidiary, Distribuidora La Florida S.A., enabling HEINEKEN to acquire its beverage, food, and retail operations in Costa Rica, Guatemala, El Salvador, and Honduras, as well as its beverage operations in Mexico, together with its interests in beverage businesses in Nicaragua and Panama.

The purchase price of US$3.25 billion makes this transaction one of the most significant corporate deals in Central American history.

BLP provided FIFCO with comprehensive advice on corporate, regulatory, competition, and contractual matters, actively participating in the structuring, negotiation, and documentation of the transaction, as well as in the required regulatory approval processes.

The firm is honored to have supported FIFCO throughout such a sophisticated and complex transaction, which stands as a true testament to the credibility, track record, and legacy of one of the most emblematic and historic companies in Costa Rica and Central America.
The transaction, which has already been