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Grupo Nutresa acquires Tio Rico ice cream business

PRIVATEOct 28, 2026

Acquiring Company

Grupo Nutresa

Acquired Company

Industrias Tio Rico

MedellínCaracasFood and BeverageHospitalityRetailFood ProcessingFood and BeverageRetail

Description

Grupo Nutresa has completed its acquisition of Venezuelan ice cream producer Industrias Tio Rico. This acquisition includes control of eight brands, a manufacturing plant, and five distribution centers, expanding Nutresa's operations in Venezuela. The deal is valued at approximately US$30 million and is seen as a strategic investment to enhance Nutresa's market presence in the region.

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Company Information

Company

Grupo Nutresa

Location

Medellín, Antioquia, Colombia

About

Grupo Nutresa is a Colombian multinational food processing and distribution company that focuses on a diverse range of products including snacks, coffee, and chocolate. The company has a strong portfolio of well-known brands and operates in various countries across Latin America.

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Frequently asked

Who acquired Industrias Tio Rico?

Industrias Tio Rico was acquired by Grupo Nutresa, based in Medellín. The deal was reported on October 28, 2026. Grupo Nutresa is a Colombian multinational food processing and distribution company that focuses on a diverse range of products including snacks, coffee, and chocolate. Grupo Nutresa is privately held and operates in Food and Beverage.

When did Grupo Nutresa acquire Industrias Tio Rico?

Grupo Nutresa's acquisition of Industrias Tio Rico was reported on October 28, 2026. Grupo Nutresa has completed its acquisition of Venezuelan ice cream producer Industrias Tio Rico. This acquisition includes control of eight brands, a manufacturing plant, and five distribution centers, expanding Nutresa's operations in Venezuela. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Industrias Tio Rico do?

Industrias Tio Rico is a prominent Venezuelan ice cream producer known for its wide variety of brands and products. Established in 1952, Tio Rico has maintained a strong market presence, holding a significant share of the Venezuelan ice cream market. It is privately held, operating in Food and Beverage, and is based in Caracas.

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