Coca-Cola Femsa Buys Bottler in Uruguay
29 Giugno 2018 - 12:19AM
Dow Jones News
MEXICO CITY--Coca-Cola Femsa SAB (KOF), the world's largest
franchise Coke bottler by volume, said Thursday it bought Uruguay's
Montevideo Refrescos from the Coca-Cola Co. (KO) in an all-cash
transaction valued at $250.7 million.
The Uruguayan concern, known as Monresa, is the exclusive
bottler and distributor of Coca-Cola brands in the South American
country, serving a market of 3.4 million people through 26,000
points of sale, Coca-Cola Femsa said in a release.
The addition of Uruguay brings to 11 the number of countries
where Mexico City-based Coca-Cola Femsa operates.
Write to Anthony Harrup at anthony.harrup@wsj.com
(END) Dow Jones Newswires
June 28, 2018 18:04 ET (22:04 GMT)
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