Florida Ice and a Farm Company

Name

Florida Ice and a Farm Company

Legal name

Florida Ice and Farm Company, S.A.

Website

https://fifco.com

Company type

Public

Founded year

1908

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Beverages and Food Production

NAICS

Beverage Manufacturing (3121), Soft Drink Manufacturing (312111)

SIC

Beverages (2080), Wholesale-Beer, Wine & Distilled Alcoholic Beverages (5180), Bottled & Canned Soft Drinks & Carbonated Waters (2086), Dairy Products (2020)

akta.pro primary industry

Beverage & Alcohol Distribution Centers (TLALAEAK)

akta.pro secondary industries

Refrigerated Juices & Smoothies (CRADACAL), Beverage (Non-Alcoholic) Foodservice Distribution (CRAOABAJ)

Keywords

• Beverage production
• Food manufacturing
• Hospitality services
• Retail operations
• Glass packaging

Headquarters

HQ city

Heredia

HQ country

Costa Rica

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Beverages and Food Production: Production and distribution of beverages including beer (Cerveza Imperial, Cerveza Tropical), soft drinks, water (Agua Cristal), and food products. Includes Kern's brand nectars, juices, ketchup, sauces, and beans distributed across Central America and the Caribbean.
2. Florida Hospitalidad (Hospitality): Hotel and real estate operations including Hotel Reserva Conchal, The Westin Reserva Conchal, Hotel W Costa Rica, and on-premise hospitality services.
3. Florida Retail: Retail store operations including Musmanni, MUSI, Vinum Store, and La Tienda de la Birra.
4. Florida Capitales (Investments): Investment holdings in beer production and packaging manufacturing businesses in Central America through INCECA, Cervecería Panamá, COMEGUA, and FIFCO México.
5. FIFCO USA: US operations including Seagram's Escapes, Labatt USA, Genesee Brewing Company, Lipton Hard Iced Tea, and Magic Hat Brewing Company. Includes contract brewing for other companies.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Florida Ice and Farm Company (FIFCO) is a publicly traded Costa Rican conglomerate that historically produced and distributed over 1,500 beverages and food products (beer, soft drinks, water, juices, sauces) and operated hotels, resorts and retail chains across Central America, Mexico and the United States. Following the December 2025 sale of its beverages, food and retail business to HEINEKEN, FIFCO is repositioning around its hospitality division (W Costa Rica, The Westin Reserva Conchal, Hotel Reserva Conchal), glass container manufacturing (INCECA, VICESA) and its 75% stake in Distribuidora La Florida.

Product overview

FIFCO (Florida Ice and Farm Company) is a publicly traded Costa Rican conglomerate with a diversified multi-business portfolio organized into three primary divisions: Florida Bebidas (beverages and food production/distribution), Florida Hospitalidad (hotels and resorts), and Florida Retail (bakery chains and specialty retail). Under Florida Capitales, the company holds investments in glass packaging (Vidriera Centroamericana/VICESA) and beer production companies across Central America (INCECA, Cervecería Panamá, COMEGUA, FIFCO México). The portfolio spans more than 1,500 products including beer (Cerveza Imperial), water (Agua Cristal), soft drinks, juices, and food products through subsidiaries like Industrias Alimenticias Kern's (Kern's, Ducal, Sun Tea, Fun C brands) and FIFCO USA (Seagram's Escapes, Genesee Brewing Company, Labatt USA, Magic Hat). In hospitality, the company operates Hotel W Costa Rica Reserva Conchal, The Westin Reserva Conchal, and Hotel Reserva Conchal. In retail, it operates the Musmanni and MUSI bakery chains, Vinum Store, and La Tienda de la Birra across Central America. Sustainability programs including the Elegí Ayudar volunteering initiative and the De Vuelta a Casa marine restoration project complement the core business operations.

Differentiator

Problem solved

Functional benefit

Brands

• Imperial: Beer brand of FIFCO
• Tropical
• Agua Cristal
• Kern's
• Ducal
• Sun Tea
• Fun C
• Musmanni
• MUSI
• Vinum Store
• La Tienda de la Birra
• Seagram's Escapes
• Labatt USA
• Genesee Brewing Company
• Lipton Hard Iced Tea
• Magic Hat Brewing Company
• Seagram's Spiked
• Reserva Conchal
• UFIFCO

Products and services

• Cerveza Imperial Flagship beer brand of FIFCO, produced and distributed across Costa Rica and Central America for adult consumers. Covered under ISO 14046 water footprint and INTE ISO 14067:2015 carbon footprint of products certifications, and certified Esencial Costa Rica.
• Agua Cristal Bottled water brand produced by FIFCO for mass-market consumer hydration. Certified ISO 14046 (water footprint), INTE ISO 14067:2015 (carbon footprint of products) and Esencial Costa Rica.
• Tropical Beverage brand under FIFCO's portfolio certified Esencial Costa Rica for Central American consumers.
• Hotel W Costa Rica Reserva Conchal Luxury resort operated under the W Hotels brand at Reserva Conchal in Guanacaste, Costa Rica. Holds ISO 14001, ISO 14064 and ICT Tourism Sustainability Certification.
• The Westin Reserva Conchal and All-Inclusive Resort & Spa All-inclusive resort and spa at Reserva Conchal, Costa Rica, operated under the Westin brand. Holds ISO 14001, ISO 14064, INTE B5 Carbon Neutral Plus and ICT Tourism Sustainability Certification.
• Hotel Reserva Conchal Resort property at Reserva Conchal, Costa Rica, forming part of FIFCO's hospitality portfolio under the Florida Hospitalidad division.

Quantifiable outcome

• 20,604 volunteer hours achieved in 2025 (as of November)
• +6 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Instituto Meteorológico Nacional (IMN)coreStrategic or Co-development Partner · 22 January 2026Collaboration with IMN to develop and strengthen the Early Warning System (SAT) for climate risk management. IMN provides meteorological expertise and geographic information on climate-vulnerable zones to support strategic decision-making during extreme weather events.
• Comisión Nacional de Emergencias (CNE)coreStrategic or Co-development Partner · 22 January 2026Partnership with CNE to back the Early Warning System (SAT) for climate risk management and supply chain continuity. CNE provides institutional support and coordination for emergency response protocols.
• HEINEKENcoreStrategic or Co-development Partner · 3 December 2025Strategic transaction completed for sale of beverages, food, and retail business to HEINEKEN. Rolando Carvajal now leads HEINEKEN's new Costa Rica operation. FIFCO retains Distribuidora La Florida (75% FIFCO, 25% HEINEKEN).
• Universidad Nacional (UNA)coreStrategic or Co-development Partner · 12 November 2025Alliance with Universidad Nacional for the Eco Conexión Urbana (ECU) project, converting FIFCO's green areas into urban climate refuges within the CBI-Cubujuquí biological corridor. More than 100 fauna species documented.
• Ministerio de Ambiente y Energía (MINAE-SINAC)coreStrategic or Co-development PartnerPartnership for De Vuelta a Casa project focused on restoring marine ecosystems in Costa Rica, in collaboration with AERIS and Universidad de Costa Rica.
• AERIScoreStrategic or Co-development PartnerCollaboration in the De Vuelta a Casa project for marine ecosystem restoration, partnered with MINAE-SINAC and Universidad de Costa Rica.
• Universidad de Costa RicacoreStrategic or Co-development PartnerAcademic partner in De Vuelta a Casa marine ecosystem restoration project, alongside MINAE-SINAC and AERIS.
• Universidad LatinaminorStrategic or Co-development PartnerAlliance for Bilingualism in CEN-CINAI program, partnering with Reserva Conchal for English language teaching to children in early childhood education centers.
• Reserva ConchalminorStrategic or Co-development PartnerPartnership with Universidad Latina for Alliance for Bilingualism in CEN-CINAI, providing spaces for early childhood English language learning.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Diageo: Global premium spirits and beer group with significant Latin American presence. Comparable to FIFCO's spirits distribution and Kern's/Sun Tea non-carbonated beverage portfolio in Central America and the Caribbean.
• Constellation Brands: US-listed alcoholic beverage company with beer (Corona, Modelo), wine, and spirits. Comparable via FIFCO USA's Seagram's Escapes, Labatt USA, and Genesee Brewing portfolios and similar multi-category beverage strategy.
• Marriott International: Global hospitality parent of the W Hotels and Westin brands that FIFCO licenses at Reserva Conchal. Comparable on luxury and all-inclusive resort operations, ESG certifications, and Costa Rica/Latin American tourism exposure.
• Anheuser-Busch InBev: World's largest brewer operating across Latin America (Brahma, Budweiser, Stella Artois). Overlaps with FIFCO's Imperial and Tropical beer brands and competes for Central American share-of-throat.
• Grupo Modelo (AB InBev): Iconic Mexican brewer behind Corona, Modelo Especial, and Pacífico, now part of AB InBev. Comparable to FIFCO's Tropical and Imperial brands on category, packaging formats, and Latin American distribution economics.
• PepsiCo Latin America: Global beverage and snacks major with strong Central American distribution via Sabritas/Grupo PepsiCo Mexico and Central America bottlers. Comparable to FIFCO on water (Agua Cristal), soft drinks, juices (Kern's), and snacks (Musmanni bakery channel).

Direct peers

• HEINEKEN: Global brewer that completed the 2025 acquisition of FIFCO's beverages, food, and retail business and now holds 25% of Distribuidora La Florida. Direct strategic partner with overlapping Central American beer footprint (Imperial, Tropical).
• Coca-Cola FEMSA: Largest Coca-Cola bottler in Latin America, including Guatemala, Costa Rica, and other Central American markets. Directly comparable to FIFCO's Agua Cristal, Tropical soft drinks, and 75%-owned Distribuidora La Florida bottling/distribution model.
• Cervecería Centroamericana: Guatemalan brewer (Gallo, Dorada, Cabro) operating next door to FIFCO's Central American stronghold. Directly comparable on geography, category (beer), and channel (on-premise + retail distribution).
• Cervecería Nacional de Panamá: Panamanian brewer (Panama, Atlas, Balboa) that is wholly owned by FIFCO via Florida Capitales. Direct comparable on beer category, scale, and Central American route-to-market economics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/floridabebidas
• Facebookfacebook.com/FIFCOSostenible
• LinkedInlinkedin.com/company/fifco
• Instagraminstagram.com/fifcocr
• Xx.com/fifcocr

Compliance15 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Florida Ice and a Farm Company