date:Nov 20, 2013
Coca-Cola Femsa, the Mexican franchise bottler of Coca-Cola products that acquired 51% interest in Coca-Cola Bottlers Philippines, is planning to invest around PHP1.2bn ($27.5m) in a move to boost production in the Philippines.
Meanwhile, Coca-Cola Femsa Philippines has acquired a non-alcoholic beverage facility, warehouse and real estate property in Darong, Sta. Cruz, Davao del Sur from San Miguel, a beverage processing firm.
The Davao plant, along with existing manufacturing plants in Mindan