Mercantil Santa Cruz acquires Acurio Restaurantes

Mercantil Santa Cruz acquires Acurio Restaurantes

M&A Equity Commerce Bolivia Peru Andean

Grupo Mercantil Santa Cruz, owner of Bolivia's biggest bank, has acquired a majority stake in Acurio Restaurantes, the international restaurant group founded by renowned Peruvian chef Gastón Acurio, local press reported. Mercantil Santa Cruz acquired control of Acurio Restaurantes from US investment firm Colony Capital, which had been trying to offload the shares since 2018, Bolivian newspaper El Deber reported, citing information from Spanish culinary magazine 7Caníbales. The size of the stake

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