• FIFCO finalizes the sale of its beverage, food, and retail business to HEINEKEN, representing a significant milestone in the evolution of the more than 20-year relationship between the two companies.
• The sale includes the beverage and food operations in Costa Rica and Guatemala, the beverage operations in Mexico, and interests in beer businesses in Nicaragua and Panama.
• The transaction was approved by a majority vote at FIFCO’s Extraordinary Shareholders’ Meeting on October 7, 2025, and has received the usual and applicable regulatory approvals.  

Florida Ice and Farm Company S.A. (FIFCO) announces the closing of the purchase and sale transaction signed on September 22, 2025, with Heineken International B.V., following approvals granted by the Commission for the Promotion of Competition (COPROCOM) of Costa Rica, PROCOMPETENCIA of Nicaragua, and the fulfillment of other applicable requirements.

The transaction included the transfer of all shares held by FIFCO in Distribuidora La Florida S.A. and other subsidiaries and affiliates, in accordance with the agreed terms and the current legal framework.

Rolando Carvajal, who served as FIFCO’s CEO, will continue to lead the new operation as CEO, ensuring an orderly integration and continuity of operations and services provided.

“This agreement honors FIFCO’s legacy and consolidates a relationship of more than two decades with HEINEKEN, based on shared values and a commitment to sustainability. We are proud to take this step alongside a company that respects our identity and offers a global platform for iconic brands such as Imperial to continue growing. This decision reaffirms our commitment to generating value for our shareholders and strengthening the profile of Costa Rica and the region. We wish them every success in this new stage, convinced that it will bring opportunities for local talent and economic development,” expressed Wilhelm Steinvorth, Chairman of FIFCO’s Board of Directors.

For its part, FIFCO continues with its hospitality and real estate divisions and its participation in the glass business through Empresas COMEGUA S.A. FIFCO also maintains its status as an authorized issuer of public offerings of its shares, with an active presence in the markets organized by the Costa Rican National Stock Exchange, reaffirming its commitment to transparency and the generation of value for its shareholders.