Heineken is set to acquire the beverages and retail businesses of FIFCO in Central America, including Costa Rica, El Salvador, Guatemala, and Honduras. The deal involves purchasing a 75% stake in various entities, paying $3.2bn for equity stakes, and integrating iconic brands like Imperial beer and PepsiCo bottling licenses.

The agreement extends Heineken’s relationship with FIFCO, with plans to accelerate growth and enter new profit pools. The acquisition will result in cost savings of around $50m and offer a multi-category portfolio with a focus on sustainability. FIFCO will retain its hotels and hospitality businesses, with potential strategic alternatives for its US business.

The transaction, pending shareholder and regulatory approvals, is expected to be completed in the first half of 2026. Heineken’s CEO, Dolf van den Brink, expressed excitement over the partnership, highlighting the shared values and trust between the companies. The integration of assets will drive excellence and growth in the region, leveraging global best practices and local expertise.

Read more at Yahoo Finance: Heineken agrees to buy FIFCO assets in Central America push