Coca-Cola FEMSA, the largest Coca-Cola franchise bottler in the world by sales volume, has announced the acquisition of Montevideo Refrescos (Monresa) from Coca-Cola Co for $250.7 million in an all cash transaction. The deal, which was made on a cash-free and debt-free basis, increases the presence of Coca-Cola FEMSA to 11 countries aroundthe world. With a market of 3.4 million consumers and 26,000 sales points, Montevideo Refrescos is the exclusive …
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Coca-Cola FEMSA
Coca-Cola FEMSA, the world’s biggest Coca-Cola bottler by volume, has announced plans to invest $430 million in a new plant in Tocancipa, Colombia. The new facility, located in Coca-Cola FEMSA’s industrial facilities in Cundinamarca, is part of a network of seven plants that the bottler has throughout the country. The new facility will reportedly handle 40% less water and non-renewable resources than the firm’s other plants operated in Colombia, and is …
Unilever has announced the sale of its AdeS soy beverage business in Latin America to Coca-Cola FEMSA and The Coca Cola Company for $575 million. Commenting on the deal, Unilever EVP Miguel Kozuszok said: “This sale is a step in reshaping our portfolio in Latin America to deliver sustainable growth for Unilever and enables us to sharpen our focus. AdeS is an iconic brand and we believe that its potential can be …
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