[ad_1]
The Mexican Coca-Cola FEMSA stated on Thursday that would purchase Montevideo Refrescos (Monresa) a Uruguayan subsidiary of Coca-Cola, for $ 250.7 million [19659002] By a press release, the biggest bottler of this soft drink in the world, has notified that the transaction is still subject to adjustments in cash and debt.
"As part of our strategic business and consolidation framework in the direction of the global beverage market, with the integration of Monresa, we reaffirm our commitment to generate economic and social value p for our shareholders and interest groups. " said John Santa Maria, CEO of Coca-Cola FEMSA.
Monresa was founded in 1943 and is responsible for the production and distribution of the extensive portfolio of Coca-Cola brand drinks exclusively in Uruguay, serving a market of 3,4 m through 26 thousand points of sale.
Last April, the bottling company became big and announced the purchase of two bottling plants in Guatemala, Food and Beverages of the Atlantic and Comercializadora and Distribuidora Los Volcanes, for $ 178 million.
With the integration of Monresa, KOF (Name of the company whose company is listed in New York) will be present in 11 countries a workforce of 4 thousand 500 people, and four centers of distribution
KOF currently has 29 plants and 197 distribution centers in Mexico and Central America.
Source link
