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The company was founded in 1981 as Coca-Cola Bottlers Philippines, Inc. and renamed Coca-Cola FEMSA Philippines, Inc. on January 25, 2013, after becoming jointly owned by Mexico-based Coca-Cola FEMSA, S.A. de C.V. and The Coca-Cola Company. The company was renamed Coca-Cola Beverages Philippines, Inc. in December 2018, after being acquired by ...
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Coca-Cola FEMSA, S.A.B. de C.V., known as Coca-Cola FEMSA or KOF, is a Mexican multinational beverage company headquartered in Mexico City, Mexico.It is a subsidiary of FEMSA which owns 47.8% of its stock, with 27.8% held by wholly owned subsidiaries of The Coca-Cola Company and the remaining 25% listed publicly on the Mexican Stock Exchange (since 1993) and the New York Stock Exchange (since ...
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On Friday, Mexican bottler Coca-Cola FEMSA announced it has today completed the purchase of a 51% stake in Coca-Cola Bottlers Philippines, or CCBPI, from Coca-Cola . FEMSA confirms that it paid ...
Coca-Cola FEMSA is the anchor bottler of Coca-Cola and its related soft drink products in much of Latin America. The company is an important part of the Coca-Cola System. During 2019, the company produced and sold 11.1% of Coca-Cola's volume worldwide. This makes it the largest Coca-Cola bottler in the world. [39]
Margins matter. The more Coca-Cola FEMSA (NYS: KOF) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
The brand continued to be owned by San Miguel until 2007 when it sold the rights to the brand along with its entire interest in CCBPI to The Coca-Cola Company. CCBPI was renamed Coca-Cola FEMSA Philippines, Inc. in January 2013 with the entry of Mexico-based Coca-Cola FEMSA S.A. de C.V. Coca-Cola FEMSA Philippines was renamed Coca-Cola ...