Coca-Cola FEMSA

Coca-Cola FEMSA, S.A.B. de C.V.
Public
Traded as BMV: KOF
NYSE: KOF
Industry Beverage
Founded 1993
Headquarters México, City
Area served
 Latin America and The Philippines
Key people
 José Antonio Fernández
(Chairman)
John Santa María Otazua
(CEO)
Revenue Increase Mex$ 203.8 billion (2017)
Increase US$ 10.3 billion
Increase Mex$ 26.2 billion (2017)
Increase US$ 1.3 billion
Total assets Increase Mex$ 285.6 billion (2017)
Increase US$ 14.5 billion
Parent FEMSA
Website

www.coca-colafemsa.com

www.coca-colafemsa.social

Coca-Cola FEMSA, S.A.B. de C.V., known as Coca-Cola FEMSA or KOF, is a Mexican multinational beverage company headquartered in Mexico City, Mexico. It is a subsidiary of FEMSA which owns 48% of its stock, with 28% held by wholly owned subsidiaries of The Coca-Cola Company and the remaining 24% listed publicly on the Mexican Stock Exchange (since 1993) and the New York Stock Exchange (since 1998).[1] The largest franchise Coca-Cola bottler in the world, the company has operations in Latin America and the Philippines, although its largest and most profitable market is in Mexico.[2][3]

Coca-Cola FEMSA began as a joint venture with The Coca Cola Company in 1991 with FEMSA initially owning 51% of the stock. It started expanding its international operations in 2003 when it acquired Panoramico, another Mexican Coca-Cola bottler with operations in Central America, Colombia, Venezuela, and Brazil. It later acquired additional bottling companies in Brazil (its second largest market) as well as the main Coca-Cola bottler in the Philippines in 2013.[3][4] The company reported revenues of US$ 9.6 billion for 2015.[2]

See also

References

  1. ↑ Coca-Cola FEMSA (2016). Annual Report. Retrieved 13 May 2016
  2. 1 2 Moody's Investors Service (1 April 2016). " Rating Action: Moody's affirms Coca-Cola Femsa's A2 ratings; negative outlook". Retrieved 13 May 2016.
  3. 1 2 Hitt, Michael A.; Ireland, R. Duane; Hoskisson, Robert E. (2014). Strategic Management: Concepts and Cases: Competitiveness and Globalization. p. 248. Cengage. ISBN 1285425170
  4. ↑ Grosse, Robert (2015). Emerging Markets: Strategies for Competing in the Global Value Chain, pp. 171–172. Kogan Page. ISBN 0749474505

Further reading

On Coca-Cola FEMSA's 2011 venture into the coffee vending market:

  • Capron, Laurence and Mitchell, Will (2013). Build, Borrow, or Buy: Solving the Growth Dilemma, pp. 37–39. Harvard Business Press. ISBN 1422143724

On Coca-Cola FEMSA's approach to human resource management, focusing on their operations in Colombia:

  • Brewster, Chris and Mayrhofer, Wolfgang (eds.) (2012). Handbook of Research on Comparative Human Resource Management, pp. 488–489. Edward Elgar. ISBN 0857938711

On the strategic moves undertaken by Coca-Cola FEMSA and five other Mexican firms during the 2008 financial crisis and subsequent recession:

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