Chilean companies Andean, Embonor and Coca Cola Chile announced the purchase of 100% of Comercializadora Novaverde – owned by Inversiones Siemel. The company is dedicated to the processing and marketing of fruits, ice cream and vegetables. mainly under the Guallarauco brand.
The operation is subject to the authorization of the National Economic Prosecutor’s Office (FNE). In addition, the exit of Novaverde from some businesses was included within the conditions for sale.
In a statement, Coca Cola said that the purchase “will complement the product portfolio with which Coca-Cola is present in Chile,” consisting in various nectars, frozen fruit treats and vegetables.
Full Content: La Tercera
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 2024 by
CPI
EU to Scrutinize Telecom Italia’s Network Sale to KKR
May 8, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI