The Rio Times
The Rio Times
Americas · 47 mins ago

Nutresa Buys Venezuela’s Tío Rico Ice Cream for US$30M

Colombia · Business Key Facts —Buyer. Grupo Nutresa, the Colombian food conglomerate controlled by the Gilinski family and IHC. —Target. Industrias Tío Rico C.A., Venezuela’s leading ice-cream company with over seven decades of history. —Price. Around US$30 million, according to a Bloomberg source familiar with the terms. —Assets. A 210,000 m² plant in Guacara, five…
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