Empresarial Bavaria, the Columbian beer and beverage firm, has bought a large stake in the Costa Rican bottling company ECSA. The company announced yesterday that it has acquired a 49% stake in the bottler, full name Embotelladora Centroamericana.

Bavaria said that its business with ECSA will initially focus only on non-alcoholic beverages. But, in a statement, the company reiterated: "With this operation, Grupo Empresarial Bavaria continues its process of international expansion with plans to become, in the medium term, one of the top ten beer companies in the world."

In December last year, the company revealed plans to take out a US$150m loan, although it was not announced at the time what the funds would be used for.