VENEZUELA: Protestors end Coke FEMSA blockade
Coca-Cola FEMSA has resumed operations in Venezuela after protestors blockading the company's productions and distribution sites around the country "voluntarily" ended the dispute.
Production at the bottler's plants in Venezuela had stopped for four days after former delivery contractors blockaded the sites in a row over distribution deals signed before 2003.
On Wednesday (25 October), Coca-Cola FEMSA sought an injunction at the Venezuela Supreme Court to bring to an end to the blockade, which had seen up to 40 protestors seizing control at each of the company's four bottling sites.
The company had maintained that the protests had no legal basis and that Venezuelan courts had previously ruled against the former delivery workers over their claims to more money from the distribution deals signed three years ago.
Officials at FEMSA, the Mexican drinks group that owns a 46% stake in Coca-Cola FEMSA, could not be reached for further comment as just-drinks went to press.
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