March 31, 2022 |
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
Bolivia's largest lender buys a majority stake in the restaurant group founded by Peruvian chef Gastón Acurio