Mexico City, Mexico – October 29, 2013 – Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOFL; NYSE: KOF) (“Coca-Cola FEMSA” or the “Company”),the largest franchise bottler of Coca-Cola products in the world, announces that it has successfully closed the acquisition of 100% of Spaipa S.A Industria Brasileira de Bebidas (“Spaipa”) in an all-cash transaction.
Spaipa’s strategic footprint is a perfect geographic fit which links Coca-Cola FEMSA’s operations in the state of Mato Grosso do Sul and the state of São Paulo. This transaction will increase our volume in Brazil by 40%, allowing us to reach 39% of the Coca-Cola system’s volume in the country. During the last twelve months ended June 30, 2013, Spaipa sold 233.3 million unit cases of beverages, including beer, generating approximately US$905 million in net revenues and an estimated pro forma EBITDA of US$134 million.
Our combined territories will allow Coca.Cola FEMSA to serve more than 66 million consumers – a third of the population in Brazil. In addition, Coca-Cola FEMSA will increase its participation in Leão Alimentos, the leading non-carbonated beverage player in the country, to 26%.Descargar noticia