Urgent.News

What's breaking now, across thousands of outlets.

World

Grupo Nutresa Adds Presto as Gilinski Expands Food Portfolio

Grupo Nutresa has signed an agreement to acquire Colombian hamburger chain Presto, including its restaurants, brand and production infrastructure. The deal marks the fifth food-brand acquisition announced under Chairman Jaime Gilinski, strengthening the company’s position in Colombia’s fast-food market. Under his leadership, the conglomerate’s share price has surged 236%. The agreement, signed on…

Grupo Nutresa Adds Presto as Gilinski Expands Food Portfolio

Jaime Gilinski became president of Colombian food conglomerate Grupo Nutresa in January 2025. Since then, the company has expanded its food brand portfolio through five acquisitions. Now, Nutresa has agreed to purchase Colombian hamburger chain Presto, along with its restaurants, brand, and production infrastructure. The deal is the fifth acquisition under Gilinski's leadership, solidifying Grupo Nutresa's position in Colombia's fast-food market.

The agreement, signed on October 22 through Nutresa subsidiary Industria de Restaurantes Casuales (IRCC), does not disclose the purchase price but is subject to closing conditions. Presto will join Nutresa's Alimentos al Consumidor division, which already includes El Corral and other restaurant brands. The acquisition adds Presto and El Corral to Nutresa's restaurant portfolio and brings production capacity into its existing operations.

Presto's ownership remains intact, with its brand identity retained and plans to strengthen the business outlined in the coming weeks. The purchase is structured as an acquisition of production assets rather than the entire company, separating Nutresa from the liquidation's liabilities and legal affairs. This acquisition is the fifth under Gilinski, along with Yupi, La Universal, Tío Rico, and Mimo's.

With these acquisitions, Nutresa aims to broaden its food portfolio and regional footprint, gaining access to established brands, production facilities, and distribution networks. However, the success of these acquisitions will depend on their performance and effective integration into the group.

Written by urgent.news from Colombia One's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at colombiaone.com →

More in World

Why Trump and Carney Haven’t Touched Energy in Their Tariff War

The United States and Canada are locked in an energy trade war – sort of. Although United States President Donald Trump and Canadian Prime Minister Mark Carney have lobbed plenty of blisteringly high…

  • Both US and Canada impose tariffs but avoid targeting oil and gas.
  • Canada supplies half of US foreign petroleum imports.
  • Energy sector interdependence evident in political disputes.

More from Friday 23 October →