Coca-Cola FEMSA

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Thu Bui

Coca-Cola FEMSA, S.A.B. de C.V., abbreviated as KOF, is a Mexican multinational beverage business headquartered in Mexico City. It is a subsidiary of FEMSA, which owns 47.8% of the company's shares, with the other 25% held by fully owned subsidiaries of The Coca-Cola Company and listed publicly on the Mexican shares Exchange (since 1993) and the New York Stock Exchange (since 1998). It is the world's largest franchise Coca-Cola bottler, with operations in Latin America, while Mexico is its largest and most profitable region.


Coca-Cola FEMSA was established as a partnership with The Coca-Cola Company in 1991, with FEMSA owning 51% of the shares. In 2003, it started expanding globally through the acquisition of Panamerican Beverages and other bottling companies in Brazil and the Philippines. Over the years, it also acquired several other bottlers in Latin America and opened new bottling plants in Brazil and Colombia. In 2018, the company continued its expansion by acquiring bottlers in Guatemala and Uruguay. It has also acquired other companies, such as Jugos del Valle, Refrigerantes Minas Gerais, and Grupo Industrias Lacteas, through joint ventures with The Coca-Cola Company.


The market capitalization of Coca-Cola FEMSA is currently $17.11 billion. This value represents the total dollar market value of all outstanding shares of the company's stock. Market capitalization is often used as a measure of a company's size and overall worth in the financial markets.


Founded: 1993

Headquarter: Mexico City, Mexico

Website: https://coca-colafemsa.com

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FEMSA

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