|
Costa Rican Poultry Company
Bought by Guatemalan Group
Grupo Multi Inversiones of
Guatemala announced that it has
purchased 100% of Propokodusa of
Costa Rica. Grupo Multi
Inversiones also owns the Pollo
Campero line of fast food
restaurants.
Negotiations for this purchase
started in 2003, but just
recently concluded.
Multi Inversiones bought
Propokodusa, with the aim of
exporting poultry meat from that
country to the rest of Central
America. Pollo Campero has more
than 175 restaurants in 9
countries and is expanding by
200 restaurants in new
countries, foreseeing China as a
new market for 2006.
Propokodusa is Costa Rica’s
fifth largest broiler producer,
producing over three million
broilers a year. Propokodusa has
a feed mill, hatchery and
processing plant.
Some of the production will now
be destined to the Pollo Campero
chain of chicken restaurants.
The Multi Inversiones group has
broiler producing companies in
Guatemala, Honduras, El Salvador
and Costa Rica, making it the
largest broiler producer in
Central America and one of the
largest in all Latin America.
The Pollo Campero chain is
extremely successful not only in
Central America, but also has
franchises in South America and
the US.
|
|