ALPAX acted as the exclusive Financial Advisor to Vita Alimentos in the acquisition of 100% of the shares of Delcampo (“La Holandesa”).

The transaction consists of the sale of 100% of the shares of Fabrilacteos Cía. Ltda. (“Fabrilacteos”) to Estrid S.A. (“Estridsa”). Fabrilacteos is a company with more than 40 years of history, based in Quito, dedicated to the production of impulse ice creams that are sold through the traditional trade channel. Fabrilacteos sells its ice creams under the “Jotaerre” brand, and its portfolio includes a wide variety of flavors and formats, including popsicles, cones, and ice cream sandwiches. Estridsa is a Guayaquil-based company also focused on the production of ice creams under the Gino’s brand, which are primarily sold in Ecuador’s coastal region. The transaction allows Estridsa to gain more scale, generate efficiencies, and expand its geographic coverage. Alpax acted as the exclusive Financial Advisor to the Shareholders of Fabrilacteos.

The transaction involves the sale of a majority equity stake in La Industria Harinera to Industrial Danec, in which ALPAX acted as the exclusive Financial Advisor to the shareholders of La Industria Harinera. La Industria Harinera is an Ecuadorian company with over 85 years of history, dedicated to wheat milling and the production of flour, premixes, and artisanal cookies. It is best known for its Santa Lucía brand—a staple in Ecuadorian households—alongside other well-recognized names such as Delipan, BB, and Lucy. The acquisition of La Industria Harinera is a strategic step in Industrial Danec’s diversification plan, strengthening its positioning in the food sector. The transaction was completed following approval by regulatory authorities.

The transaction involved the sale of Estancias Marangatú and Yacaré, located in the district of San Cristóbal, Alto Paraná Department, Paraguay. These properties, owned by Asunpar S.A. and Nikura S.A., were acquired by Agropeco S.A., a company belonging to the “Inpasa” Group. In this transaction, Alpax acted as the exclusive Financial Advisor to the Servant Family. This 9,019-hectare agricultural and livestock complex combines an extensive land area with a strategic location in one of the most productive regions of the country. Its operations efficiently integrate agriculture, cattle ranching, and forest reserve areas, making it a high-value asset within the national agribusiness sector. The Servant Family, of French origin, is a shareholder of Asunpar S.A. and Nikura S.A.

The transaction consists of the sale of 100% of the “Estación Los Jardines” Shopping Center and Other Real Estate Assets, owned by Grupo Amiria (Paraguay), to Grupo Chemin (Paraguay). Alpax acted as exclusive Financial Advisor to the Shareholders of Grupo Amiria. Grupo Amiria’s Shopping Center and Real Estate business, comprised of the Companies Monta and Cota Paraguay, includes: The operation of the “Estación Los Jardines” Shopping Center, with over 66 Commercial Units and 23,178 m² of Leasable Area, strategically and prominently located in the city of Luque, covering 29,817 m² of land and 32,698 m² of built area; and The Real Estate Asset housing the Supermarket recently acquired by Grupo Chemin, “Aho Aho Comercial,” also strategically located in the city of Luque, covering 7,549 m² of land and 6,736 m² of built area.