Total cash consideration paid for the equity stakes acquired by HEINEKEN will be approximately US$3.25 billion, implying an acquisition multiple of 11.6x EV/EBITDA based on 2024 results. The deal has been approved unanimously by the board of directors of FIFCO, which includes representatives of FIFCO’s key shareholders. “Today marks a transformative milestone for HEINEKEN as we join forces with FIFCO to unlock new growth opportunities. By integrating FIFCO’s iconic brands, deep market expertise, and exemplary sustainability credentials, we are accelerating our EverGreen strategy and entering new profit pools across Central America. FIFCO’s Board of Directors unanimously approved the transaction and will recommend its favorable vote to shareholders.