Coca-Cola FEMSA, S.A.B. de C.V. , known as Coca-Cola FEMSA or KOF , is a Mexican multinational beverage company headquartered in Mexico City , Mexico . It is a subsidiary of FEMSA which owns 47.8% of its stock, with 27.8% held by wholly owned subsidiaries of The Coca-Cola Company and the remaining 25% listed publicly on the Mexican Stock Exchange (since 1993) and the New York Stock Exchange (since 1998). It is the largest franchise Coca-Cola bottler in the world, the company has operations in Latin America , although its largest and most profitable market is in Mexico.
22-547: Coca-Cola FEMSA began as a joint venture with The Coca-Cola Company in 1991 with FEMSA initially owning 51% of the stock. It started expanding its international operations in 2003 when it acquired Panamerican Beverages (Panamco), another Mexican Coca-Cola bottler with operations in Central America, Colombia, Venezuela, and Brazil. It later acquired additional bottling companies in Brazil (its second largest market) as well as
44-657: A Philippine-only operation (CCBPI) for a 25% stake in CCA, which had operations in 17 countries—both in the Asia-Pacific region and in Eastern Europe. Shortly after, CCA demerged the Eastern European operations into a UK-based firm called Coca-Cola Beverages plc (resulting in a reduction of San Miguel's stake in CCA to 22%). Seeking to maintain its focus on the Asia-Pacific region, San Miguel sold its stake in
66-720: A debt-free, cash-free basis. It will hold a 40% stake, while CCEP will take up the remaining 60% stake. TCCC further announced: “We generate 100,000-plus (employees) throughout the distribution, through our supplies and in the next 5 years, we’re planning for a $ 1-billion investment, and in fact, we’re even doing a new plant, which we are building in Tarlac ,” CCEP chairperson Sol Daurella said. Carbonated: Water: Sports: Energy Drinks: Juice: Dairy: Tea: Alcoholic beverages: Formerly available: Coca-Cola Hellenic Coca-Cola HBC AG also known as Coca-Cola Hellenic Bottling Company or just Coca-Cola Hellenic
88-604: A foundation for long-term success. BIG's operations are primarily focused on markets in Southeast Asia, India, and Southwest Asia, covering 14 countries with 39 plants and 16,500 employees, serving 1.8 billion consumers. CCBPI's current product portfolio includes 19 brands, such as Coke , Royal , Sprite , Wilkins, Viva, Thunder, Schweppes , and Minute Maid . It operates nationwide, with 19 manufacturing plants and approximately 50 sales offices and distribution centers—employing more than 9,700 regular employees. The company
110-604: A joint venture with The Coca-Cola Company. Coca-Cola FEMSA merged beverage operations with Grupo Fomento Queretano in 2012. In 2013, the company merged more bottling operations with Grupo Yoli as well as acquiring Brazilian companies Companhia Fluminense de Refrigerantes and Industria Brasileira de Bebidas. In 2015, Coca-Cola FEMSA opened two $ 500 million bottling plants in Itabirito, Brazil, and Tocancipa, Colombia. The company completed its $ 1 billion acquisition of VONPAR in Brazil in 2016. Coca-Cola and Coca-Cola FEMSA also bought
132-615: Is also included in the FTSE4Good Index. Hellenic Bottling Company S.A. ( Greek : Ελληνική Εταιρεία Εμφιαλώσεως) was incorporated under the laws of Greece in 1969, with headquarters in Athens. The Coca-Cola Company granted to the company its bottling rights in the country in 1969. In August 2000 Hellenic Bottling Company S.A. acquired Coca-Cola Beverages Ltd, the former European operations of Coca-Cola Amatil , and formed Coca-Cola Hellenic Bottling Company S.A. In October 2012,
154-624: Is the world's third-largest Coca-Cola anchor bottler in terms of volume with sales of more than 2 billion unit cases. Coca-Cola HBC's shares are primarily listed on the London Stock Exchange with a secondary listing on the Athens Stock Exchange . The company is a constituent of the FTSE 100 Index . Coca-Cola HBC has been named the industry leader among beverage companies in the 2014 Dow Jones Sustainability Index and
176-667: The Baltic States , Czech Republic , Slovenia , Slovakia , Romania , Hungary , and Croatia . Its emerging markets include Bosnia and Herzegovina , Ukraine , Belarus , Montenegro , Armenia , Moldova , North Macedonia , Bulgaria , Serbia , Nigeria and Egypt . The company's stock is 23.3% owned by the Kar-Tess Holding (a Luxembourg company) and 23.2% by The Coca-Cola Company . The remaining 53.5% are in free float, of which about two-thirds are held by UK and US institutional investors. On 26 August 2022, it
198-593: The Great Recession : Coca-Cola Beverages Philippines Coca-Cola Beverages Philippines, Inc. ( CCBPI , formerly Coca-Cola FEMSA Philippines, Inc. and Coca-Cola Bottlers Philippines, Inc. ) is a Philippine -based company engaged in the bottling and distribution of Coca-Cola products in the country. CCBPI is part of the Bottling Investment Group (BIG), The Coca-Cola Company (TCCC)-owned bottling operation intent on building
220-496: The New York Stock Exchange , the termination of its ADR programme, and the deregistration and termination of its reporting obligations under the U.S. Securities Exchange Act of 1934 . In October 2017 the company's chief executive officer, Dimitris Lois, died after a period of illness. On 7 December 2017, Zoran Bogdanović was appointed as new chief executive officer by the board of directors. In January 2019,
242-538: The 51% stake in the company held by Coca-Cola FEMSA , S.A. de C.V. In December 2018, BIG completed its acquisition of Coca-Cola FEMSA Philippines' bottling operations. The company was then renamed Coca-Cola Beverages Philippines, Inc. as a reflection of its ambition to build a total beverages company. On February 23, 2024, Philippine-based Aboitiz Equity Ventures Inc. (AEV) announced that it has jointly acquired Coca-Cola Beverages Philippines Inc. together with Coca-Cola Europacific Partners (CCEP) for $ 1.8 billion on
SECTION 10
#1732773226359264-608: The AdeS brand from Unilever in a joint venture that same year. In 2018, Coca-Cola FEMSA acquired Guatemalan bottlers ABASA and Los Volcanes as well as MONRESA in Uruguay. On Coca-Cola FEMSA's 2011 venture into the coffee vending market: On Coca-Cola FEMSA's approach to human resource management , focusing on their operations in Colombia: On the strategic moves undertaken by Coca-Cola FEMSA and five other Mexican firms during
286-767: The Coca-Cola HBC announced that its carbonated water brand Valser would use captured carbon from the direct air capture company Climeworks , and in 2021, a Coca-Cola HBC official stated in an interview with The Wall Street Journal that 30 percent of their production was done with captured carbon from Climeworks. On 18 February 2019, the company announced a deal valued at €260 million to acquire Serbian food company Bambi from Mid Europa Partners. Coca-Cola HBC operates in 28 countries in 3 continents; its well established markets include Greece (its headquarters before 2013), Cyprus , Ireland , Austria , Switzerland and Italy , its developing markets include Poland ,
308-718: The acquisition of an 83% stake in rival Cosmos Bottling Corporation in a P15 billion ($ 282 million) deal, completed through CCBPI. Cosmos specialized in low-priced soft drinks and held the number two position in the Philippine market. The combination of Coca-Cola Bottlers Philippines and Cosmos Bottling Corporation gave the San Miguel group control of more than 90% of the Philippine soft-drink market. In February 2007, The Coca-Cola Company (TCCC) purchased San Miguel's 65% shareholding in CCBPI and subsidiaries for $ 590 million acquiring
330-414: The company announced that it was moving its operational headquarters to Switzerland and would switch its main market listing to London. This was a major blow to the Athens stock market, as Coca-Cola Hellenic was its largest listed company by value. Reasons for the move included better access to financing and a move away from crisis ridden Greece, which had prompted ratings agencies to downgrade its credit over
352-606: The full ownership. In September 2010, TCCC announced its plan to invest US$ 1 billion in its business in the Philippines over the next five years. Part of this investment is the completion of its newest and technologically advanced Mega Plant in Misamis Oriental in January 2012. On December 14, 2012, TCCC signed a definitive agreement to sell its 51% stake in CCBPI to Mexico -based Coca-Cola FEMSA , S.A. de C.V.,
374-549: The main Coca-Cola bottler in the Philippines in 2013, until 2018 when the company was then renamed to Coca-Cola Beverages Philippines . In 2007, Coca-Cola FEMSA acquired Jugos del Valle in a joint venture with The Coca-Cola Company. In June 2008, Coca-Cola FEMSA acquired Refrigerantes Minas Gerais. In 2011, the company merged Grupo Tampico and Corporación Los Angeles. Later that same year, Coca-Cola FEMSA acquired Grupo Industrias Lacteas, parent company of Estrella Azul , in
396-469: The new UK entity in mid-1998. In July 2001, San Miguel joined forces with The Coca-Cola Company (TCCC) to reacquire CCBPI, with San Miguel taking a 65% stake and TCCC the remaining 35%. As part of the deal, San Miguel sold its CCA shares back to CCA. Later in 2001, San Miguel sold its bottled water (Viva! and Wilkins) and juice businesses (Eight O'Clock), amalgamated under Philippine Beverage Partners, Inc., to CCBPI. In February 2002, San Miguel completed
418-582: The original San Miguel Brewery, Inc.) became the first international bottler of Coca-Cola . In 1981, San Miguel spun off its soft drink businesses to a new company named Coca-Cola Bottlers Philippines, Inc. (CCBPI). The company was established as a joint-venture between San Miguel Corporation (70%) and The Coca-Cola Company (30%). In April 1997, CCBPI was merged into the Australia-based Coca-Cola Amatil Limited (CCA). In effect, San Miguel exchanged its 70% interest in
440-513: The summer to three notches above "junk" level. On 29 April 2013 Coca-Cola HBC AG, now a Swiss holding company, was admitted to the London Stock Exchange ’s main market. On 11 September 2013 Coca-Cola HBC AG announced its inclusion into the FTSE 100 and FTSE All-Share indices. Coca-Cola HBC was named the industry leader among beverage companies in the 2014 Dow Jones Sustainability Index . On 24 July 2014 Coca-Cola HBC AG announced its delisting of its American depositary receipts (ADRs) from
462-538: The world's second largest bottler of Coca-Cola , with operations across Central and South America. The all-cash transaction became effective January 25, 2013. The deal price represented a $ 1,350 million valuation of CCBPI. Coca-Cola FEMSA will have an option to acquire the remaining 49% of CCBPI at any time during the next 7 years and will have a put option to sell its ownership back to TCCC any time during year six. On August 17, 2018, The Coca-Cola Company announced that its Bottling Investments Group (BIG) agreed to acquire
SECTION 20
#1732773226359484-586: Was founded in 1981 as Coca-Cola Bottlers Philippines, Inc. and renamed Coca-Cola FEMSA Philippines, Inc. on January 25, 2013, after becoming jointly owned by Mexico-based Coca-Cola FEMSA , S.A. de C.V. and The Coca-Cola Company . The company was renamed Coca-Cola Beverages Philippines, Inc. in December 2018, after being acquired by the Bottling Investments Group (BIG) of The Coca-Cola Company. In 1927, San Miguel Corporation (then known as
#358641