Alicorp $490 million acquisition of Intradevco

Overview:

• Alicorp, a Peruvian consumer goods company, has acquired Tecnología Aplicada which holds 99.856% of the common shares of Intradevco, a personal care company.
• Intradevco's brands include Sapolio, Aval, Dento, Patito and Amor.
• The transaction was valued at $490 million.

Rani Mehta - Latin America Editor