Along with targeted meetings with companies and promoting Costa Rica as an investment destination, a key component of the visit will be shoring up ties with the University of Georgia and the Georgia Institute of Technology, both of which have invested in major educational centers in the Central American country over the last decade.
Moe’s Southwest Grill, a franchise of Focus Brands Inc., has signed a master franchise agreement to develop 10 locations in Central American countries over the next eight years. A spokesman for Moe’s told Global Atlanta that the first franchise would open in Guatemala City, Guatemala, in 2014 followed by others in Guatemala and El Salvador. Read more
United Parcel Service Inc. is planning to buy two of its contractors in Costa Rica to consolidate its position in the Central American country and better connect its importers and exporters with world markets. The Atlanta-based package delivery and logistics giant is to acquire Union Pak de Costa Rica, a delivery company with a focus on medical-device and high-tech manufacturers, and SEISA Brokerage, Read more
Costa Rican President Laura Chinchilla and a delegation of officials on Feb. 10 stopped by the University of Georgia‘s campus in the country during a visit to the region to open a community center and fire station. Ms. Chinchilla was led on a tour by Fabricio Camacho, the general manager of the campus, and learned about its sustainability efforts, Global Atlanta learned Read more
For American firms, international deals often stem from chance encounters. But not all companies have the foresight to convert happenstance into strategy. Walden Businesses Inc., a 25-year-old consultancy focused on mergers and acquisitions, had seen a steady trickle of international deals since it helped a German firm buy a fabric manufacturer in Dallas in 2000, but it wasn’t until it entered Central America a Read more
Atlanta-based Equifax Inc., which provides consumer credit information, acquired the Costa Rican company Datum for an undisclosed amount. Datum collects and provides consumer credit data to banks, telecommunications companies, retail and insurance businesses in the Central American country. “The acquisition of this innovative, market-leading company is an indication of our commitment to the rapidly growing Read more
EARTH University, a Costa Rican institution whose fundraising arm is based in Atlanta, has named a new vice president of development. Ingrid Blanton will relocate to Costa Rica to oversee all fundraising and development operations for EARTH, which teaches students from all over the world about sustainable agriculture and economic development. Ms. Blanton comes to Read more
Sixteen fifth-year architecture students from Notre Dame University will work this semester at Las Catalinas, the Costa Rican beach development by Atlantan Charles Brewer. The students will focus on buildings on the peninsulas of Punta Penca and Punta Guachipelin. Mr. Brewer, founder of Mindspring Enterprises Inc., an Internet service provider, which merged with Earthlink Inc. in 2000, Read more