Compania Cervecerias Unidas SA (CCU) has released an update.
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Compañía Cervecerías Unidas S.A. (CCU) has expanded its presence in Paraguay by acquiring a 51% stake in Bebidas del Paraguay S.A., Distribuidora del Paraguay S.A., and AV S.A., in association with Vierci Group, enhancing its brand portfolio which includes the PepsiCo license. This strategic move marks Paraguay as the second country, after Chile, where CCU holds the PepsiCo license, promising growth and investment opportunities. CCU, a major beverage player in South America, continues to strengthen its regional influence with this new venture.
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