Latest Insights

Coca-Cola FEMSA cuts 1,300 jobs as soda tax bites 23 Oct 2014

Coca-Cola FEMSA has had to cut around 1,300 jobs as its copes with Mexico's new soda tax, but volumes are not being as badly affected as predicted, according to its CFO.

Analysis - Mexico on track for Heineken 6 Dec 2013

Mexico is a “good story” for Heineken as it continues to integrate FEMSA Cerveza, an analyst has said.

Sugar tax will cost Coca-Cola FEMSA jobs - CFO 25 Oct 2013

Coca-Cola FEMSA's CFO has said a proposed tax on sugary beverages in its domestic market of Mexico will reduce volumes and lead to job losses at the bottler's plants.

'Modelo, Heineken to lose share to Mexico craft' 17 Jul 2013

Grupo Modelo and Heineken are likely to lose “modest” volumes to craft brewers in Mexico after the opening up of the country's beer market, but the two global brewers will see some “net positive”, according to an analyst.

'Modelo to fare worse after Mexico probe' 12 Jul 2013

Grupo Modelo is likely to be worse affected than its rival Heineken by the opening up of Mexico's beer market, according to an analyst.

Latest News

Tequila set for export boost after record 2014 23 Dec 2014

Tequila exports are forecast to continue growing next year after new estimates showed they passed the US$1bn mark for the first time in 2014.

Pernod agrees Caribe Cooler sale to Grupo Bepensa 22 Dec 2014

Pernod Ricard is to sell its ready-to-drink Caribe Cooler brand as the company continues to focus on core wines and spirits.

Coca-Cola FEMSA posts nine-month profits lift 23 Oct 2014

Coca-Cola FEMSA has reported a healthy lift in nine-month sales as the group continued to benefit from its acquisitions in Brazil and Mexico last year.

Mexico's sugary drinks consumption falls - study 14 Oct 2014

Adults in Mexico claim to be drinking fewer sugary drinks since the introduction of a sugar tax, a new poll has revealed.

Constellation makes Anheuser-Busch InBev glass buy 2 Oct 2014

Constellation Brands has announced plans to raise the capacity at its Corona brewery in Mexico, and intends to purchase adjacent facilities from Anheuser-Busch InBev that will be run by a new JV with Owens-Illinois.

Mexico's H1 Tequila exports up 16% - report 4 Sep 2014

Mexico's Tequila exports jumped 16% to US$568m in the first half of this year, local media has reported.

Heineken agrees Empaque sale to Crown Holdings 1 Sep 2014

Heineken is to sell its Mexican packaging business Empaque to Crown Holdings, in a deal valued at US$1.23bn.

Heineken's Tecate agrees Barcelona FC tie-up 12 Aug 2014

Heineken has agreed a five-year deal to make its Tecate brand the official beer of FC Barcelona in Mexico.

Coca-Cola FEMSA sees purchases lead in H1 23 Jul 2014

Coca-Cola FEMSA has seen sales in its half-year receive a boost from last year's purchases in Brazil and Mexico.

Arca Continental's H1 volumes slip, but profits up 17 Jul 2014

Arca Continental, Latin America’s second largest Coca-Cola bottler, has seen its first-half volumes slip as a new sugary drinks tax in Mexico took its toll, but the group’s profits rose.

Latest blogs

Mexico's uncomfortable truth - soda before toilet paper 2 May 2014

Before the government introduced a new sugar tax this year, Mexico's soft drinks industry was one of the world's biggest. Despite the rise, it's still pretty huge, largely because - no matter the price - Mexican's won't give up their soda.

Mexico's beer market under the spotlight 3 Jan 2014

How are things shaping up in the beer battleground that is Mexico? CNN took a closer look at one of the world's biggest beer markets, by volume, where Anheuser-Busch InBev, through Grupo Modelo, and Heineken, through its 2010 acquisition FEMSA Cerveza, are dominant.

Does A-B InBev have a different goal for Grupo Modelo? 12 Aug 2013

Anheuser-Busch InBev has sold the stake in Mexican football team Santos Laguna that it inherited through its US$20.1bn acquisition of Grupo Modelo.