BRAZIL: Coca-Cola FEMSA to buy bottler Spaipa Industria Brasileira de Bebidas

By | 2 September 2013

FEMSA has been in Brazil for 10 years

FEMSA has been in Brazil for 10 years

Coca-Cola FEMSA is set to boost its volumes in Brazil by around 40% with the takeover of independent bottler Spaipa Industria Brasileira de Bebidas.

FEMSA's board has approved the all-cash deal, valued at US$1.86bn, but await approval from Brazil's anti-trust authorities, the Mexico-based Coca-Coca bottler said on Saturday (31 August). FEMSA said it will also seek approval from the Coca-Cola Co.

Spaipa is the second-largest privately owned bottler in the Brazilian Coca-Cola system and operates out of southern Brazilian states São Paulo and Paraná, with four bottling facilities and seven distribution centres. Last year, Spaipa sold 236m unit cases, generating net revenues of about US$929m. Its acquisition will boost FEMSA volumes in Brazil by 40% and allow it to reach 39% of the Coca-Cola system's volume in the country, the company said.

“Despite the challenges that exist in the short-term market conditions, our long-term view is consistent with the momentum that we have built over a decade of operating in this country (Brazil),” FEMSA chairman José Antonio Fernández Carbajal said.

The deal follows FEMSA's agreement in July to buy Brazilian beverage maker Companhia Fluminense de Refrigerantes.

Expert analysis

The Future of Retailing in Turkey to 2017

"The Future of Retailing in Turkey to 2017" is based upon an extensive, cross-country, industry research program which brings together Canadean’s research, modelling, and analysis expertise in order to develop uniquely detailed market data. It provides detailed quantitative analysis of past and future trends - crucially providing retail sales data not just by channel and by product, but showing product sales through different channels.

Sectors: Emerging markets – BRIC, Soft drinks

Companies: FEMSA, Coca-Cola Co

View next/previous articles

Currently reading -

BRAZIL: Coca-Cola FEMSA to buy bottler Spaipa Industria Brasileira de Bebidas

30 Aug 2013 -

just the Research

There are currently no comments on this article

Be the first to comment on this article

Related research

Coca-Cola FEMSA, S.A.B. De C.V. (KOFL) - Financial and Strategic SWOT Analysis Review

Coca-Cola FEMSA, S.A.B. De C.V. (KOFL) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and...

Coca-Cola FEMSA, S.A.B. De C.V. : Consumer Packaged Goods - Company Profile, SWOT & Financial Report

"Coca-Cola FEMSA, S.A.B. De C.V. : Consumer Packaged Goods - Company Profile, SWOT & Financial Report" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products and...

FEMSA Comercio in Mexico: Local Profile, 2013

Product Synopsis This is a detailed report covering FEMSA Comercio’s store formats, private labels, history, key employees, and key financial and operational metrics in Mexico....

Related articles

just the Research

Here's a run-down of some of the top research reports currently available in the just-drinks research store:

just On Call - SodaStream says gas platform won't be left out in cold

The head of SodaStream has denied that the Coca-Cola Co will have a better quality home carbonation system when it launches the Keurig Cold next year.

Analysis - Anheuser-Busch InBev vies for Wall Street beverage crown

A peculiar thing happened on Wall Street after Anheuser-Busch InBev released its full-year numbers yesterday (26 February).

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page