On the Record · Coca Cola Femsa
Coca Cola Femsa acquisitions, on the record
The businesses Coca Cola Femsa bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Panamerican Beverages Inc., or PanamcoWord for word“In May 2003, we acquired Panamerican Beverages Inc., or Panamco, and began producing and distributing Coca-Cola trademark beverages in additional territories in the central, southeastern and northeastern regions of Mexico and in Central America (Guatemala, Nicaragua, Costa Rica and Panama), Colombia, Venezuela and Brazil, along with bottled water, beer and other beverages in some of these territories.” 20-F for 2023 | acquisition | In May 2003 | — |
Jugos del Valle, S.A.P.I. de C.V., or Jugos del ValleWord for word“In November 2007, we acquired together with The Coca-Cola Company 100.0% of the capital stock of Jugos del Valle, S.A.P.I. de C.V., or Jugos del Valle.” 20-F for 2023 | acquisition | In November 2007 | — |
Refrigerantes Minas Gerais, Ltda., or REMILWord for word“In May 2008, we entered into a transaction with The Coca-Cola Company to acquire its wholly owned bottling franchise Refrigerantes Minas Gerais, Ltda., or REMIL, located in the State of Minas Gerais in Brazil.” 20-F for 2023 | acquisition | In May 2008 | — |
Agua de los Angeles bulk water businessWord for word“In July 2008, we acquired the Agua de los Angeles bulk water business in Mexico City and surrounding areas from Grupo Embotellador CIMSA, S.A. de C.V., or Grupo CIMSA, at the time one of the Coca-Cola bottling franchises in Mexico.” 20-F for 2023 | acquisition | In July 2008 | — |
Brisa bottled water business in ColombiaWord for word“In February 2009, we acquired together with The Coca-Cola Company the Brisa bottled water business in Colombia from Bavaria, S.A.” 20-F for 2023 | acquisition | In February 2009 | — |
Leão Alimentos e Bebidas, Ltda., or Leão AlimentosWord for word“In August 2010, we acquired from The Coca-Cola Company, along with other Brazilian Coca-Cola bottlers, Leão Alimentos e Bebidas, Ltda., or Leão Alimentos, manufacturer and distributor of the Matte Leão tea brand, which would later be integrated with the Brazilian operations of Jugos del Valle.” 20-F for 2023 | acquisition | In August 2010 | — |
Industrias Lácteas, S.A., or Estrella AzulWord for word“In March 2011, we acquired together with The Coca-Cola Company, Industrias Lácteas, S.A., or Estrella Azul, a Panamanian conglomerate that participated in the dairy and juice-based beverage categories in Panama, which we subsequently sold to Panama Dairy Ventures Ltd . in September 2020.” 20-F for 2023 | acquisition | In March 2011 | — |
Estrella Azul (Industrias Lácteas, S.A.)Word for word“In March 2011, we acquired together with The Coca-Cola Company, Industrias Lácteas, S.A., or Estrella Azul, a Panamanian conglomerate that participated in the dairy and juice-based beverage categories in Panama, which we subsequently sold to Panama Dairy Ventures Ltd . in September 2020.” 20-F for 2023 | divestiture | In September 2020 | — |
Administradora de Acciones del Norte, S.A.P.I. de C.V., or Grupo TampicoWord for word“In October 2011, we merged with Administradora de Acciones del Norte, S.A.P.I. de C.V., or Grupo Tampico, a Mexican Coca-Cola bottler with operations in the states of Tamaulipas, San Luis Potosi, and Veracruz, as well as in parts of the states of Hidalgo, Puebla and Queretaro.” 20-F for 2023 | merger | In October 2011 | — |
Corporación de los Angeles, S.A. de C.V., or Grupo CIMSAWord for word“In December 2011, we merged with Corporación de los Angeles, S.A. de C.V., also part of Grupo CIMSA, a Mexican Coca-Cola bottler with operations mainly in the states of Morelos and Mexico, as well as in parts of the states of Guerrero and Michoacan.” 20-F for 2023 | merger | In December 2011 | — |
Grupo Fomento Queretano, S.A.P.I. de C.V., or Grupo Fomento QueretanoWord for word“In May 2012, we merged with Grupo Fomento Queretano, S.A.P.I. de C.V., or Grupo Fomento Queretano, a Mexican Coca-Cola bottler with operations mainly in the state of Queretaro, as well as in parts of the states of Mexico, Hidalgo and Guanajuato.” 20-F for 2023 | merger | In May 2012 | — |
Santa Clara Mercantil de Pachuca, S.A. de C.V., or Santa Clara (indirect minority participation)Word for word“In August 2012, we acquired, through Jugos del Valle, an indirect minority participation in Santa Clara Mercantil de Pachuca, S.A. de C.V., or Santa Clara, a producer of milk and value-added dairy products in Mexico.” 20-F for 2023 | acquisition | In August 2012 | — |
KOF Philippines stakeWord for word“In December 2018, CIBR completed the sale of its stake in KOF Philippines back to The Coca-Cola Company through the exercise of CIBR’s option to sell.” 20-F for 2023 | divestiture | In December 2018 | — |
Grupo Yoli, S.A. de C.V.Word for word“In May 2013, we merged with Grupo Yoli, S.A. de C.V., a Mexican Coca-Cola bottler with operations mainly in the state of Guerrero, as well as in parts of the state of Oaxaca.” 20-F for 2023 | merger | In May 2013 | — |
Companhia Fluminense de Refrigerantes, or Companhia FluminenseWord for word“In August 2013, we acquired Companhia Fluminense de Refrigerantes, or Companhia Fluminense, a Coca-Cola Brazilian franchise that operates in parts of the states of São Paulo, Minas Gerais and Rio de Janeiro in Brazil.” 20-F for 2023 | acquisition | In August 2013 | — |
Spaipa S.A. Industria Brasileira de Bebidas, or SpaipaWord for word“In October 2013, we acquired Spaipa S.A. Industria Brasileira de Bebidas, or Spaipa, a Brazilian Coca-Cola bottler with operations in the state of Parana and in parts of the state of São Paulo.” 20-F for 2023 | acquisition | In October 2013 | — |
Trop Frutas do Brasil, Ltda., or Top Frutas (formerly Laticínios Verde Campo Ltda.)Word for word“In August 2016, we acquired, through Leão Alimentos, an indirect participation in Trop Frutas do Brasil, Ltda., or Top Frutas (formerly known as Laticínios Verde Campo Ltda.), a producer of milk and dairy products in Brazil.” 20-F for 2023 | acquisition | In August 2016 | — |
Vonpar S.A., or VonparWord for word“In December 2016, we acquired Vonpar S.A., or Vonpar, a Brazilian bottler of Coca-Cola trademark products with operations in the states of Rio Grande do Sul and Santa Catarina in Brazil.” 20-F for 2023 | acquisition | In December 2016 | — |
AdeS plant-based beverage businesses (participation)Word for word“In March 2017, we acquired together with The Coca-Cola Company, through our Mexican, Brazilian, Argentine, Colombian subsidiaries and also through our interest in Jugos del Valle in Mexico, a participation in the AdeS plant-based beverage businesses.” 20-F for 2023 | acquisition | In March 2017 | — |
Alimentos y Bebidas Atlántida, S.A., or ABASAWord for word“In April 2018, Del Norte Sociedad Controladora de Bebidas Refrescantes, S. de R.L. de C.V. (formerly Compañía Inversionista en Bebidas del Norte, S.L.), one of our subsidiaries, acquired from The Coca-Cola Company, Alimentos y Bebidas Atlántida, S.A., or ABASA, a Guatemalan bottler of Coca-Cola trademark products with operations in the northeast region of Guatemala.” 20-F for 2023 | acquisition | In April 2018 | — |
Comercializadora y Productora de Bebidas Los Volcanes, S.A., or Los VolcanesWord for word“In April 2018, Controladora de Bebidas Refrescantes Moderna, S. de R.L. de C.V. (formerly Compañía de Inversiones Moderna, S.L.), one of our subsidiaries, acquired from The Coca-Cola Company, Comercializadora y Productora de Bebidas Los Volcanes, S.A., or Los Volcanes, a Guatemalan bottler of Coca-Cola trademark products with operations in the southwest region of Guatemala.” 20-F for 2023 | acquisition | In April 2018 | — |
Montevideo Refrescos S.R.L., or MonresaWord for word“In June 2018, Controladora de Sociedades de Bebidas Refrescantes Ibérica, S. de R.L. de C.V. (formerly Inversiones en Bebidas Refrescantes Ibérica, S.L.), one of our subsidiaries, acquired from The Coca-Cola Company, Montevideo Refrescos S.R.L., or Monresa, a Uruguayan bottler of Coca-Cola trademark products.” 20-F for 2023 | acquisition | In June 2018 | — |
CVI Refrigerantes Ltda. ("CVI")Word for word“In January 2022, our Brazilian subsidiary acquired CVI Refrigerantes Ltda. (“CVI”), a Brazilian bottler of Coca-Cola trademark products with operations in the state of Rio Grande do Sul in Brazil.” 20-F for 2023 | acquisition | In January 2022 | — |
Cristal bulk water businessWord for word“In November 2022, we acquired the Cristal bulk water business from Embotelladoras Bepensa, S.A. de C.V. and affiliates, a Mexican Coca-Cola bottler business group, in the southeast region of Mexico.” 20-F for 2023 | acquisition | In November 2022 | — |
Industrias Lácteas, S.A. (also known as Estrella Azul)Word for word“In March 2011, we acquired together with The Coca-Cola Company, Industrias Lácteas, S.A. (also known as Estrella Azul), a Panamanian conglomerate that participated in the dairy and juice-based beverage categories in Panama, which we subsequently sold to Panama Dairy Ventures Ltd . in September 2020.” 20-F for 2024 | acquisition | In March 2011 | — |
Industrias Lácteas, S.A. (also known as Estrella Azul)Word for word“In March 2011, we acquired together with The Coca-Cola Company, Industrias Lácteas, S.A. (also known as Estrella Azul), a Panamanian conglomerate that participated in the dairy and juice-based beverage categories in Panama, which we subsequently sold to Panama Dairy Ventures Ltd . in September 2020.” 20-F for 2024 | divestiture | In September 2020 | — |
Corporación de los Angeles, S.A. de C.V.Word for word“In December 2011, we merged with Corporación de los Angeles, S.A. de C.V., also part of Grupo CIMSA, a Mexican Coca-Cola bottler with operations mainly in the states of Morelos and Mexico, as well as in parts of the states of Guerrero and Michoacan.” 20-F for 2024 | merger | In December 2011 | — |
Grupo Fomento Queretano, S.A.P.I. de C.V.Word for word“In May 2012, we merged with Grupo Fomento Queretano, S.A.P.I. de C.V., or Grupo Fomento Queretano, a Mexican Coca-Cola bottler with operations mainly in the state of Queretaro, as well as in parts of the states of Mexico, Hidalgo and Guanajuato.” 20-F for 2024 | merger | In May 2012 | — |
CIBR's stake in KOF PhilippinesWord for word“In December 2018, CIBR completed the sale of its stake in KOF Philippines back to The Coca-Cola Company through the exercise of CIBR’s option to sell.” 20-F for 2024 | divestiture | In December 2018 | — |
Panamerican Beverages Inc.Word for word“In May 2003, we acquired Panamerican Beverages Inc., or Panamco, and began producing and distributing Coca-Cola trademark beverages in additional territories in the central, southeastern and northeastern regions of Mexico and in Central America (Guatemala, Nicaragua, Costa Rica and Panama), Colombia, Venezuela and Brazil, along with bottled water, beer and other beverages in some of these territories.” 20-F for 2025 | acquisition | May 2003 | — |
Jugos del Valle, S.A.P.I. de C.V.Word for word“In November 2007, we acquired together with The Coca-Cola Company 100.0% of the capital stock of Jugos del Valle, S.A.P.I. de C.V., or Jugos del Valle.” 20-F for 2025 | acquisition | November 2007 | — |
Refrigerantes Minas Gerais, Ltda. (REMIL)Word for word“In May 2008, we entered into a transaction with The Coca-Cola Company to acquire its wholly owned bottling franchise Refrigerantes Minas Gerais, Ltda., or REMIL, located in the State of Minas Gerais in Brazil.” 20-F for 2025 | acquisition | May 2008 | — |
Leão Alimentos e Bebidas, Ltda.Word for word“In August 2010, we acquired from The Coca-Cola Company, along with other Brazilian Coca-Cola bottlers, Leão Alimentos e Bebidas, Ltda., or Leão Alimentos, manufacturer and distributor of the Matte Leão tea brand, which would later be integrated with the Brazilian operations of Jugos del Valle.” 20-F for 2025 | acquisition | August 2010 | — |
Industrias Lácteas, S.A. (Estrella Azul)Word for word“In March 2011, we acquired together with The Coca-Cola Company, Industrias Lácteas, S.A. (also known as Estrella Azul), a Panamanian conglomerate that participated in the dairy and juice-based beverage categories in Panama, which we subsequently sold to Panama Dairy Ventures Ltd. in September 2020.” 20-F for 2025 | acquisition | March 2011 | — |
Industrias Lácteas, S.A. (Estrella Azul)Word for word“In March 2011, we acquired together with The Coca-Cola Company, Industrias Lácteas, S.A. (also known as Estrella Azul), a Panamanian conglomerate that participated in the dairy and juice-based beverage categories in Panama, which we subsequently sold to Panama Dairy Ventures Ltd. in September 2020.” 20-F for 2025 | divestiture | September 2020 | — |
Administradora de Acciones del Norte, S.A.P.I. de C.V. (Grupo Tampico)Word for word“In October 2011, we merged with Administradora de Acciones del Norte, S.A.P.I. de C.V., or Grupo Tampico, a Mexican Coca-Cola bottler with operations in the states of Tamaulipas, San Luis Potosi, and Veracruz, as well as in parts of the states of Hidalgo, Puebla and Queretaro.” 20-F for 2025 | merger | October 2011 | — |
KOF PhilippinesWord for word“In December 2018, CIBR completed the sale of its stake in KOF Philippines back to The Coca-Cola Company through the exercise of CIBR’s option to sell.” 20-F for 2025 | divestiture | December 2018 | — |
Companhia Fluminense de RefrigerantesWord for word“In August 2013, we acquired Companhia Fluminense de Refrigerantes, or Companhia Fluminense, a Coca-Cola Brazilian franchise that operates in parts of the states of São Paulo, Minas Gerais and Rio de Janeiro in Brazil.” 20-F for 2025 | acquisition | August 2013 | — |
Spaipa S.A. Industria Brasileira de BebidasWord for word“In October 2013, we acquired Spaipa S.A. Industria Brasileira de Bebidas, or Spaipa, a Brazilian Coca-Cola bottler with operations in the state of Parana and in parts of the state of São Paulo.” 20-F for 2025 | acquisition | October 2013 | — |
Vonpar S.A.Word for word“In December 2016, we acquired Vonpar S.A., or Vonpar, a Brazilian bottler of Coca-Cola trademark products with operations in the states of Rio Grande do Sul and Santa Catarina in Brazil.” 20-F for 2025 | acquisition | December 2016 | — |
Alimentos y Bebidas Atlántida, S.A. (ABASA)Word for word“In April 2018, Del Norte Sociedad Controladora de Bebidas Refrescantes, S. de R.L. de C.V. (formerly Compañía Inversionista en Bebidas del Norte, S.L.), one of our subsidiaries, acquired from The Coca-Cola Company, Alimentos y Bebidas Atlántida, S.A., or ABASA, a Guatemalan bottler of Coca-Cola trademark products with operations in the northeast region of Guatemala.” 20-F for 2025 | acquisition | April 2018 | — |
Comercializadora y Productora de Bebidas Los Volcanes, S.A.Word for word“In April 2018, Controladora de Bebidas Refrescantes Moderna, S. de R.L. de C.V. (formerly Compañía de Inversiones Moderna, S.L.), one of our subsidiaries, acquired from The Coca-Cola Company, Comercializadora y Productora de Bebidas Los Volcanes, S.A., or Los Volcanes, a Guatemalan bottler of Coca-Cola trademark products with operations in the southwest region of Guatemala.” 20-F for 2025 | acquisition | April 2018 | — |
Montevideo Refrescos S.R.L. (Monresa)Word for word“In June 2018, Controladora de Sociedades de Bebidas Refrescantes Ibérica, S. de R.L. de C.V. (formerly Inversiones en Bebidas Refrescantes Ibérica, S.L.), one of our subsidiaries, acquired from The Coca-Cola Company, Montevideo Refrescos S.R.L., or Monresa, a Uruguayan bottler of Coca-Cola trademark products.” 20-F for 2025 | acquisition | June 2018 | — |
CVI Refrigerantes Ltda.Word for word“In January 2022, our Brazilian subsidiary acquired CVI Refrigerantes Ltda. (“CVI”), a Brazilian bottler of Coca-Cola trademark products with operations in the state of Rio Grande do Sul in Brazil.” 20-F for 2025 | acquisition | January 2022 | — |
Read from Coca Cola Femsa’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-16. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.