Coca-Cola FEMSA
 |
|
| Public | |
| Traded as | : KOF : KOF |
| Industry | Beverage |
| Founded | 1991 |
| Headquarters | Monterrey, Mexico |
|
Area served
|
Latin America and The Philippines |
|
Key people
|
José Antonio Fernández (Chairman) John Santa María Otazua (CEO) |
| Revenue |
 Mex$ 147.3 billion (2014) US$ 11.1 billion |
|
Mex$ 11.0 billion (2014) US$ 0.8 billion |
|
| Total assets |
Mex$ 212.4 billion (2014) US$ 16.0 billion |
| Parent | FEMSA |
| Website | www.coca-colafemsa.com |
Coca-Cola FEMSA, S.A.B. de C.V., known as Coca-Cola FEMSA or KOF, is a Mexican multinational beverage company headquartered in Monterrey, Mexico. It is a subsidiary of FEMSA which owns 48% of its stock, with 28% held by wholly owned subsidiaries of The Coca-Cola Company and the remaining 24% listed publicly on the (since 1993) and the (since 1998). The largest franchise Coca-Cola bottler in the world, the company has operations in Latin America and the Philippines, although its largest and most profitable market is in Mexico.
Coca-Cola FEMSA began as a joint venture with The Coca Cola Company in 1991 with FEMSA initially owning 51% of the stock. It started expanding its international operations in 2003 when it acquired Panoramico, another Mexican Coca-Cola bottler with operations in Central America, Colombia, Venezuela, and Brazil. It later acquired additional bottling companies in Brazil (its second largest market) as well as the main Coca-Cola bottler in the Philippines in 2013. The company reported revenues of US$ 9.6 billion for 2015.
On Coca-Cola FEMSA's 2011 venture into the coffee vending market:
On Coca-Cola FEMSA's approach to human resource management, focusing on their operations in Colombia:
On the strategic moves undertaken by Coca-Cola FEMSA and five other Mexican firms during the 2008 financial crisis and subsequent recession:
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Wikipedia