date:Sep 02, 2013
Coca-Cola FEMSA, a Mexican bottler of Coca-Cola products, has signed an agreement to purchase 100% stake in Brazilian coke bottler Spaipa Industria Brasileira de Bebidas for $1.855bn in an all-cash transaction.
This acquisition will enable FEMSA to increase its volume by 40% in Brazil, which represents a 39% of the Coca-Cola system's volume in the country.
Spaipa operates in more than half of Mato Grosso do Sul and So Paulo states with four bottling facilities and seven distribution centers an