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Mexico's Coca-Cola Femsa to pay $125 million for Guatemala bottler

Thursday, April 26, 2018

Mexico’s Coca-Cola Femsa , the world’s largest Coke bottler, said on Wednesday a subsidiary had reached a deal to acquire a Guatemala-based Coke bottler and distributor for $124.6 million.

Coca-Cola Femsa said that a subsidiary would pay cash for Comercializadora y Distribuidora Los Volcanes, which has one bottling plant, seven distribution centers and 1,066 employees.

Source: Reuters