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

Heineken to spend US$470m on new Mexico site 11 Mar 2015

Heineken has confirmed plans to invest MXN7.35bn (US$470m) in building its seventh brewery in Mexico as its eyes further growth.

Diageo reveals US$400m Tequila investment 4 Mar 2015

Diageo is putting its weight behind the Tequila category after revealing plans to invest around US$400m in its Mexico operations and Don Julio brand.

Diageo completes Don Julio, Bushmills swap deal 27 Feb 2015

Diageo has completed its deal to regain full control of Tequila Don Julio from former joint partner Casa Cuervo.

Coca-Cola FEMSA FY sales, profits drop 26 Feb 2015

Coca-Cola FEMSA has posted a drop in full-year profits and sales after currency fluctuations in Venezuela hit performance.

Heineken closes Empaque sale 19 Feb 2015

Heineken has completed the sale of Mexican packaging business Empaque to Crown Holdings, and has launched a share buyback using most of the proceeds.

Crown Holdings to build new Mexico plant 19 Feb 2015

Crown Holdings is to boost its beverage can capacity in Mexico by two million units after unveiling plans for a fourth production plant in the country.

Arca Continental sees FY profits, sales up 18 Feb 2015

Arca Continental has reported a rise in full-year profits and sales despite a slip in volumes following the first year of Mexico's soda tax.

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.

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.