date:Jul 06, 2012
The nature of the agreement and its value has not been disclosed, but the MexicanFederal Competition Commission will discuss the deal in a meetingtoday, according to Reuters.
Juice producer Jugos del Valle - which employs around 1,700 staff - is jointly owned by the Coca-Cola Company, Coca-Cola FEMSA (Coke's largest bottler in Mexico) and Coca-Cola's remaining Mexican and Brazilian bottlers - and was acquired via a joint venture company for around $370m in 2007.
In March 2011, Coke FEMSA als