Grupo Luksic Expands Presence in Paraguay with Acquisition of Beverage and Distribution Companies

By BKM-BERKEMEYER

Grupo Luksic, a prominent Chilean conglomerate, has further solidified its footprint in the Paraguayan market through the recent acquisition of two companies. Quiñenco, the investment arm of Grupo Luksic, acquired full ownership of Bebidas del Paraguay and Distribuidora del Paraguay, previously co-owned with Banco Sudameris.

Bebidas del Paraguay is a leading distributor and seller of popular beverage brands like Heineken, Amstel, Sol, and others in the Paraguayan market. On the other hand, Distribuidora del Paraguay focuses on the distribution of Enex products within the country.

This acquisition, finalized in October 2023, strengthens Grupo Luksic's position in key sectors of the Paraguayan economy. The company already held a significant presence in the beverage industry through CCU (Compania Cervecerias Unidas), which distributes and sells various beer brands in Paraguay. Taking full control of Bebidas del Paraguay further expands their reach in the beverage sector, offering a wider range of products to consumers.

Furthermore, gaining sole ownership of Distribuidora del Paraguay bolsters Grupo Luksic's presence in the fuel and energy sector. This move comes alongside their existing investments in the country, highlighting their commitment to the Paraguayan market and their confidence in its growth potential.