Heineken Receives Approval from Nicaraguan Authority for Acquisition of FIFCO's Shares

Formal Approval by PROCOMPETENCIA

The Nicaraguan antitrust authority PROCOMPETENCIA has formally notified Heineken of its approval of the transaction involving the acquisition of FIFCO's stake in Nicaraguan Brewing Holding, S.A., the statement indicates. This approval comes with a condition: the implementation of an antitrust compliance program in accordance with local regulations. This step is a significant advance in the acquisition process announced in September 2025, which involves all of FIFCO's beverage and distribution activities.

Completion Scheduled for Early 2026

The completion of this operation, which includes the acquisition of FIFCO's beverage and distribution activities announced on September 22, 2025, is now expected in the first quarter of 2026, the company specifies. The Dutch group indicates that further communications will be made in due course. No transaction amount is mentioned in the statement, nor any additional details on the financial terms of the operation.

Strategic Expansion in Central America

This acquisition is part of Heineken's growth strategy in Central America. FIFCO holds positions in the beverage and distribution sector in Nicaragua through Nicaraguan Brewing Holding. Once finalized, the operation will allow the Dutch group to consolidate its presence in this geographical area. The group notes that the approval obtained in Nicaragua marks a key regulatory milestone in the process of closing the transaction initially announced nearly four months ago.