Industrias Alimenticias Ecuatorianas was sold to Arca Continental

Founded in 1972, Inalecsa is a leading Ecuadorian snack company with products such as corn and banana snacks, industrial pastries, bizcotelas type cookies and taco shells Arca Continental is a major Coca Cola bottler in Latin America with operations in Mexico, Ecuador and Argentina Besides its beverage business, Arca Continental owns “Bokados”, the third largest snack company in Mexico Through this acquisition, Arca Continental complements its beverage business with the snack business Alpax acted as exclusive financial advisor to the Shareholders of Inalecsa