KOF Ups Buying Spree with Queretano Bottler

Dec 16, 2011

Coca-Cola Femsa (KOF) has acquired the bottling operations of Grupo Fomento Queretano in a transaction worth MXP6.6bn ($479.3m), an indication of further consolidation in the Mexican bottling sector. As part of the purchase of Queretano, one of the oldest bottlers in Mexico, KOF will assume MXP1.22bn ($88.7m) of the target company’s debt and will pay...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events

Poll

Are populist governments like Venezuela & Argentina turning pragmatic?

Vote