Heineken Completes Acquisition of FIFCO's Beverage and Retail Operations
Heineken announced on Monday, February 2, 2026, that it has finalized the acquisition of FIFCO's beverage and retail operations in Central America, following the receipt of all regulatory and corporate approvals. The company immediately begins the integration process, which is expected to be completed in 2026.
Finalization of the Acquisition
Heineken has confirmed the closure of the acquisition deal for FIFCO's beverage and retail operations after receiving all necessary approvals. Effective immediately, the group begins the integration process, expected to be completed by 2026. Rolando Carvajal, the current CEO of FIFCO, has joined Heineken and will continue to lead the operations to ensure business continuity while driving growth. Dolf van den Brink, CEO and Chairman of Heineken's Executive Board, stated, 'Today marks an exciting milestone as we officially welcome FIFCO's talented team and iconic brands into the HEINEKEN family, strengthening our leading position in the attractive and growing Central American region. We are intimately familiar with FIFCO's business and culture through our longstanding partnership, which will support a rapid and smooth integration.' This acquisition aligns with Heineken's EverGreen 2030 strategy, aimed at promoting premiumization, innovation, and superior growth in the attractive Central American markets.
Strategic Benefits of the Acquisition
FIFCO brings to Heineken a diverse portfolio of beverage brands, including the iconic Imperial beer, as well as a well-established retail network. The group is committed to unlocking revenue and cost synergies in commercial execution, logistics, and brewery operations. FIFCO operates 5 production plants and 13 distribution centers, with activities in Central America, the Dominican Republic, Mexico, and the United States, exporting to over 10 countries globally. Its brand portfolio also includes Pilsen, Bavaria, Adán y Eva, and Tropical. The financial impact of the transaction is expected to be in line with the information shared in the press release dated September 22, 2025.
Background on FIFCO
FIFCO is a Costa Rican company with over 117 years of experience in the beverage, food, retail, and hospitality sectors. The group manages global partnerships with leaders such as PepsiCo, Diageo, Concha y Toro, and Marriott. FIFCO is recognized for its world-class ESG model, distinguished by its statuses in water positivity, carbon positivity, and zero waste.
