Hoshizaki Corporation (TSE:6465) acquired 25% stake in Fogel Company Inc. for $28 billion on February 21, 2024.

Hoshizaki Corporation (TSE:6465) completed the acquisition of 25% stake in Fogel Company Inc. on February 21, 2024. Luis Pedro Del Valle, Rosa María Arenales, Ivón Hernández, Cindy Arrivillaga, Roberta Gallardo, Ernesto Sánchez, Mario Agüero, Gustavo-Adolfo Vargas, Andrey Dorado, Tracy Varela Calderón, María Cristina Fábrega, and Ricardo Rocha of Arias Law acted as legal advisor to Hoshizaki.