{"id":56084,"date":"2026-05-14T13:05:47","date_gmt":"2026-05-14T13:05:47","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=56084"},"modified":"2026-05-14T13:06:06","modified_gmt":"2026-05-14T13:06:06","slug":"bustamante-fabara-advises-alicorp-as-ecuadorian-counsel-on-the-acquisition-of-flora-foods-operations-as-part-of-a-transaction-spanning-seven-jurisdictions-in-latin-america","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/bustamante-fabara-advises-alicorp-as-ecuadorian-counsel-on-the-acquisition-of-flora-foods-operations-as-part-of-a-transaction-spanning-seven-jurisdictions-in-latin-america\/","title":{"rendered":"BUSTAMANTE FABARA advises Alicorp as Ecuadorian counsel on the acquisition of Flora Food\u2019s operations as part of a transaction spanning seven jurisdictions in Latin America"},"content":{"rendered":"<p><strong>Quito, Ecuador \u2013 March 06, 2026 \u2013<\/strong> <strong>BUSTAMANTE FABARA, a leading law firm recognized for its strength in mergers and acquisitions and its extensive experience in complex cross-border transactions, is pleased to announce its role as Ecuadorian legal counsel to Alicorp, the Peruvian food and consumer goods company of Grupo Romero, in the acquisition of 100% of Flora Food\u2019s operations in Ecuador, as part of a regional transaction spanning seven jurisdictions in Latin America.<\/strong><\/p>\n<p><!--more--><\/p>\n<p>Alicorp has signed an agreement to acquire 100% of the shares of several Flora Food group companies in Guatemala, Panama, the Dominican Republic, Colombia, Ecuador, Peru and Chile, in a cross-border transaction that reflects the ongoing consolidation of the food and consumer goods sector in the region.<\/p>\n<p>Flora Food is an international company specializing in plant-based food products and nutrition, whose portfolio includes widely recognized brands across Latin America, such as La Danesa, one of the most established margarine brands in several regional markets, as well as Dorina and Bonella, which are well known in the Ecuadorian market.<\/p>\n<p>The multidisciplinary team at BUSTAMANTE FABARA is co-led by partners Juan Felipe Bustamante Crespo and Jos\u00e9 Rafael Bustamante Crespo, together with director Pedro G\u00f3mez de la Torre, with the support of senior associates Valentina Morillo, Carolina Echeverr\u00eda, Camila S\u00e1nchez and Jos\u00e9 Antonio Bustamante, and associates \u00c1ngeles Mancheno and Jer\u00f3nimo Villag\u00f3mez, who are advising on the Ecuadorian aspects of the transaction.<\/p>\n<p>The closing of the transaction remains subject to the fulfilment of the applicable regulatory approvals in the relevant jurisdictions.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>About BUSTAMANTE FABARA<\/strong><\/p>\n<p>BUSTAMANTE FABARA is one of Ecuador\u2019s leading law firms, with a strong track record advising on complex financial transactions, cross-border deals, and international projects. With over 120 lawyers and 190 total team members, the firm continues to lead in shaping Ecuador\u2019s legal landscape.<\/p>\n<p><strong>About Alicorp<\/strong><\/p>\n<p>Alicorp is one of Latin America\u2019s leading food and consumer goods companies. As part of Grupo Romero, the company has a strong regional presence and a broad portfolio of brands across multiple food and consumer product categories.<\/p>\n<p><strong>Press contact:<\/strong><\/p>\n<p>Mar\u00eda Jos\u00e9 Sotomayor Hidalgo<\/p>\n<p>Director of Marketing and Communications<\/p>\n<p>BUSTAMANTE FABARA<\/p>\n<p>Email: <a href=\"mailto:msotomayor@bustamantefabara.com\">msotomayor@bustamantefabara.com<\/a><\/p>\n<p>Phone: 0989728788<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-56084","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/56084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=56084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}