No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveColombian group acquires Costa Rica’s Pops ice cream

Colombian group acquires Costa Rica’s Pops ice cream

Colombian Group Nutresa announced the final purchase of 100 percent of the shares of American Franchising Corp (AFC), owner of Tico-born company Pops ice cream, in a transaction of approximately $110 million.

Nutresa on Monday will take control of Pops’ 180 parlors distributed throughout Central America and in Florida, U.S., the daily La Nación reported Friday.

As part of the transaction Nutresa also acquired the production plant, Entrepans coffee shops and the distribution franchises of Haagen Dazs and General Mills (Nature Valley, Betty Crocker and Chex Mix) in the region.

Pops started operations in 1968 in San José, with a single ice cream parlor and a small production plant, both located in the same building. It subsequently expanded to the Central American region.

Trending Now

US and Panama Begin Joint Exercises to Protect Panama Canal

US forces teamed up with Panamanian police for fresh military drills focused on safeguarding the Panama Canal, starting amid ongoing debates about foreign influence...

Meet the Bats of Costa Rica from Tent Makers to Fish Hunters

Costa Rica is home to around 220 species of non-marine mammals. Roughly half of those species, 117 is the current number, are the type...

Costa Rica Police Uncover Second Cyanide-Laced Mining Operation in Crucitas

The environmental crisis in Crucitas persists. Police discovered and dismantled an artisanal mining material processing plant in a wooded area of Tatú Hill in Crucitas,...

Caral Citadel in Peru Opens After 3,800 Years

A 3,800-year-old citadel belonging to the Caral civilization—one of the oldest in the world—opened its doors to the public this Saturday after eight years...

Costa Rican Economists Raise Alarm Over U.S. Cash Transfer Tax

In 2026, the U.S. government will impose a 1% tax on cash remittances sent from the United States to Latin America. Electronic transfers will...

Good Timing Leads to Rare Snake Encounter in Costa Rica

When it comes to viewing wildlife in person, timing is everything. There’s a great big world out there and the chances of you being...
L. Arias
L. Arias
Reporter | The Tico Times |
spot_img
Costa Rica Tours
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica