On the Record · Coca Cola Femsa
Coca Cola Femsa competitors, on the record
The companies Coca Cola Femsa itself names as competitors in its annual reports, 2023 to 2025, each with the sentence it appears in and the filing it came from.
Who Coca Cola Femsa names
| Company | Named in |
|---|---|
| AJE Group | 2025 |
| AmBev | 2025 |
| Buenos Aires Embotellador S.A. | 2025 |
| CCU Inversiones II Ltda. | 2025 |
| Cervecería Nacional, S.A. | 2025 |
| Danone | 2025 |
| Florida Bebidas S.A. | 2025 |
| Fábricas Nacionales de Cerveza S.A. | 2025 |
| Grupo GEPP, S.A.P.I. de C.V. | 2025 |
| Grupo Jumex | 2025 |
| Keurig Dr Pepper | 2025 |
In its own words
AJE Group
Word for word“In Nicaragua, our principal competitor is AJE Group.” 20-F for 2025
AmBev
Word for word“In Brazil, we compete against AmBev, a company that distributes Pepsi brands, local brands with flavors such as guarana, and proprietary beer brands.” 20-F for 2025
Buenos Aires Embotellador S.A.
Word for word“In Argentina, our main competitor is Buenos Aires Embotellador S.A., a Pepsi bottler owned by Argentina’s principal brewery, Quilmes Industrial S.A., and indirectly controlled by AmBev, and Manaos and Cunnington , B-brands owned by Refres Now S.A., low-price sparkling beverages which are gaining relevance in the market.” 20-F for 2025
CCU Inversiones II Ltda.
Word for word“In addition, we compete with CCU Inversiones II Ltda., a water, soft drinks and brewing company, and finally with certain low-priced regional producers.” 20-F for 2025
Cervecería Nacional, S.A.
Word for word“In Panama, our main competitor is Cervecería Nacional, S.A., followed by AJE Group and Petite Bottling Company, Inc. (Unicola).” 20-F for 2025
Danone
Word for word“In the water category, our main competitor is Bonafont , a water brand owned by Danone.” 20-F for 2025
Florida Bebidas S.A.
Word for word“In Costa Rica, our principal competitor is Florida Bebidas S.A., a subsidiary of Florida Ice and Farm Co. and Cooperativa de Productores de Leche Dos Pinos R.L. in juices.” 20-F for 2025
Fábricas Nacionales de Cerveza S.A.
Word for word“We also compete against Fábricas Nacionales de Cerveza S.A., a Pepsi bottler and distributor controlled by AmBev S.A.” 20-F for 2025
Grupo GEPP, S.A.P.I. de C.V.
Word for word“Our principal competitor in Mexico is Grupo GEPP, S.A.P.I. de C.V., the exclusive bottler of Pepsi beverage products and subsidiary of Organización Cultiba, S.A.B. de C.V., a joint venture formed by Grupo Embotelladoras Unidas, S.A.B. de C.V., the former Pepsi bottler in central and southeast Mexico, a subsidiary of PepsiCo and Empresas Polar, S.A., a beer distributor and Pepsi bottler.” 20-F for 2025
Grupo Jumex
Word for word“Our main competition in the juice category in Mexico is Grupo Jumex.” 20-F for 2025
Keurig Dr Pepper
Word for word“In addition, we compete with Keurig Dr Pepper in sparkling beverages and with other local brands in our Mexican territories, as well as “B brand” producers, such as Embotelladora Aga de Mexico, S.A. de C.V. ( Red Cola bottler), that offer various presentations of sparkling and still beverages.” 20-F for 2025
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.