Q COSTARICA — Florida Ice and Farm Company S.A. (FIFCO), known as the “cerveceria” finalized the sale of its beverage, food, and retail business to HEINEKEN.
The transaction was approved by FIFCO’s Extraordinary Shareholders’ Meeting on October 7, 2025. It also obtained the necessary regulatory approvals in the countries involved.
Read more: HEINEKEN pays US$3.25 billion for Costa Rica’s FIFCO
The agreement includes operations in Costa Rica, Guatemala, and Mexico, as well as stakes in brewing businesses in Nicaragua and Panama.
Competition authorities of Costa Rica and Nicaragua gave their approval after confirming compliance with the applicable requirements for the closing.
The transaction includes the complete transfer of shares of Distribuidora La Florida S.A. and other related subsidiaries.
Rolando Carvajal will continue as CEO of the new operation, ensuring an orderly transition and continuity of service.
The Chairman of FIFCO’s Board of Directors, Wilhelm Steinvorth, emphasized that the agreement honors the company’s legacy and strengthens its relationship with HEINEKEN.
Steinvorth emphasized that the alliance will allow brands like Imperial to continue growing on a global platform while respecting their local identity.
He also stated that the decision aims to generate value for shareholders and boost economic development and regional talent.
Following the sale, FIFCO maintains its status as an authorized issuer on the Costa Rican National Stock Exchange, with a strong commitment to transparency.