Vical consolidates through Panama acquisition

Guatemala“s Vical, which is part of container glass manufacturer Comegua, has bought the Panamanian glass packaging manufacturer Vipasa. The move will give Vical complete control of glass manufacturi…

Guatemala“s Vical, which is part of container glass manufacturer Comegua, has bought the Panamanian glass packaging manufacturer Vipasa. The move will give Vical complete control of glass manufacturing in the isthmus as Comegua has interests in the three main sector companies operating in Guatemala, Costa Rica and Panama. Costa Rican beverage firm Florida Ice & Farm (Fifco) has a 25% stake in Vical Group through its subsidiary Florida Bebidas. Mexico“s Vitro Group and Guatemala“s Cervecera Centroamericana also have holdings in Vical.