Facio & Cañas facilitates BIA Foods’ acquisition of Café El Rey S.A. in a successful coffee industry deal

In a transaction that is set to reshape the landscape of the Costa Rican coffee market, law firm Facio & Cañas recently concluded the acquisition of Café El Rey S.A. by BIA Foods. The deal marks a strategic move for the company as it solidifies its position as one of the key players in the country’s thriving coffee industry.

BIA Foods, led by its In-house Counsel Carlos Bosch, has made significant strides in the Costa Rican market. The recent purchase of Café El Rey S.A. comes after the acquisition of Café Volio in 2020.

Café El Rey S.A., one of the most significant players in the Costa Rican coffee sector, has now transferred 100% of its shares to BIA Foods.

The experienced legal team from Facio & Cañas played a pivotal role in navigating the legal landscape of the transaction, ensuring a smooth acquisition for their client. The team consisted of:

• Partners: Federico Rucavado, Edgar Odio, Gianna Cersosimo
• Senior Associates: Mariela Solano, Karla Solís
• Associates: Enrique Solano, Juan Andres Lobo

The legal advice provided to Café El Rey S.A. with the the involvement of legal experts such as Rolando Laclé of Consortium at an early stage and subsequently of independent counsel Alvaro Peralta showcases the meticulous approach taken in handling the legal aspects of the deal.

As the coffee industry continues to evolve, this transaction stands as a testament to the dynamic nature of Costa Rica’s business landscape and the adaptability of companies like BIA Foods in navigating and capitalizing on these changes.

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