date:Jul 01, 2013
Coca-Cola FEMSA, a Mexican bottler of The Coca-Cola, is set to purchase100% of Brazilian bottler Companhia Fluminense de Refrigerantes for $448m in an all-cash transaction.
The agreement is subject to the approval of the Conselho Administrativo de Defesa Econmica, the Brazilian antitrust authority and The Coca-Cola.
Founded in 1949 through the first franchise agreement by The Coca-Cola, Companhia operates in Brazilian states - Minas Gerais, Rio de Janeiro and So Paulo. It currently has one bot