News

Latin America next for Coca-Cola bottler consolidation? - report

Most popular

How to reach Gen Z in the coronavirus era - focus

Coca-Cola alcohol launch a statement of intent

Interview - Loch Lomond GTR head Andre de Almeida

How drinks brands can take advantage of TikTok

Interview - Beam Suntory CEO Albert Baladi

MORE

For a just-drinks analysis of the consolidation landscape for Coca-Cola bottlers in Latin America, click here

Three of the four largest Coca-Cola bottlers in Latin and South America have opened initial talks about a possible merger, according to local reports.

Could Coca-Cola FEMSA be part of the next consolidation move in the bottler arena?

Could Coca-Cola FEMSA be part of the next consolidation move in the bottler arena?

In a move that echoes the creation of the Coca-Cola European Partners entity earlier this month, Coca-Cola FEMSA, Arca Continental and Coca-Cola Andina have begun examining a merger or an asset purchase, Chilean newspaper Pulso claimed yesterday. The report cites sources close to one of Andina's controlling families.

According to analysts at Nomura this morning, Coca-Cola FEMSA accounts for 41% of sales in the Coca-Cola system's Latin America footprint, with Arca holding 14%. Andina is the third largest bottler in the region, Nomura says, with 8% of sales. A combination of the three would result in a division with 5.6bn unit case sales and sales of US$19bn per year, Nomura estimates.

The analyst also said today that all three are controlled by family structures: Coca-Cola FEMSA is 50%-owned by the FEMSA conglomerate, Arca is 70% controlled by families, and 51% of Andina is held by five families. The Coca-Cola Co owns 15% of Andina, 9% of Arca, and 28% of Coca-Cola FEMSA.


Related Content

The Coca-Cola Co's hard seltzer launch is a statement of intent - comment

The Coca-Cola Co's hard seltzer launch is a statement of intent - comment...

Is Latin America right time, right place for Coca-Cola tie-ups? - Analysis

Is Latin America right time, right place for Coca-Cola tie-ups? - Analysis...

Coca-Cola European Partners to launch 100% recycled bottles next year

Coca-Cola European Partners to launch 100% recycled bottles next year...

Forget the Cola Wars, here comes Coca-Cola and PepsiCo's Coffee Clash - comment

Forget the Cola Wars, here comes Coca-Cola and PepsiCo's Coffee Clash - comment...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?