Costa Rica dairy firm Dos Pinos has acquired the milk and juice business of SABMiller’s Panama subsidiary.

SABMiller announced the sale of the business by Cervecería Nacional to La Cooperativa de Productores de Leche Dos Pinos for a cash sum of US$86m yesterday (21 January).

Cervecería Nacional said the divestment will allow the company to simplify its business processes and focus on beer and carbonated soft drinks in Panama.