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Coca-Cola FEMSA

Companies/Mexico  •  Curated by Admin Timeline.sg

Coca-Cola FEMSA is a Mexican multinational beverage company and the largest Coca-Cola bottler by volume in the world. Founded in 1991 as a joint venture between FEMSA and The Coca-Cola Company, it has expanded through strategic acquisitions and listings on the Mexican and New York stock exchanges.

Chronological Storyline (28 Milestones)

1991 CE

Creation of Coca-Cola FEMSA

Coca-Cola FEMSA is established as a joint venture between The Coca-Cola Company and FEMSA, combining their bottling operations in Mexico. #corporate #founding

Creation of Coca-Cola FEMSA
Creation of Coca-Cola FEMSA
By Coca-Cola Femsa - http://www.coca-colafemsa.com/, Public domain, https://commons.wikimedia.org/w/index.php?curid=40549277
1993 CE

Initial Public Offering on BMV

Coca-Cola FEMSA lists on the Mexican Stock Exchange (BMV) under the ticker KOF, raising capital for expansion. #finance #IPO

1994 CE

Expansion into Argentina

Coca-Cola FEMSA enters the Argentine market through acquisition of bottling operations, marking its first international expansion. #international #expansion

1997 CE

Acquisition of Coca-Cola Bottlers in Colombia

Coca-Cola FEMSA acquires bottling operations in Colombia, strengthening its presence in South America. #acquisition #colombia

1999 CE

Joint Venture with The Coca-Cola Company in Guatemala

Coca-Cola FEMSA forms a joint venture to operate bottling plants in Guatemala, entering the Central American market. #jointventure #guatemala

2000 CE

Merger with Panamco Begins

Coca-Cola FEMSA announces a merger with Panamerican Beverages (Panamco), the largest Coca-Cola bottler in Latin America at the time. #merger #panamco

2003 CE

Completion of Panamco Acquisition

Coca-Cola FEMSA completes the acquisition of Panamco for $3.6 billion, becoming the largest Coca-Cola bottler in Latin America by volume. #acquisition #largest

2004 CE

Listing on NYSE

Coca-Cola FEMSA lists American Depositary Receipts (ADRs) on the New York Stock Exchange under ticker KOF, gaining access to international capital. #finance #NYSE

2005 CE

Acquisition of Grupo Tampico

Coca-Cola FEMSA acquires Grupo Tampico, a Mexican bottler, expanding its distribution network in Mexico. #acquisition #mexico

2006 CE

Launch of Sustainability Program

Coca-Cola FEMSA launches its first comprehensive sustainability program, focusing on water stewardship and recycling. #sustainability #environment

2007 CE

Acquisition of Jugos del Valle

Coca-Cola FEMSA acquires Jugos del Valle, a leading juice brand in Mexico and Brazil, diversifying its product portfolio. #acquisition #juice

2008 CE

Entry into Brazil's Northeast

Coca-Cola FEMSA expands into northeastern Brazil through acquisition of bottling assets, strengthening its presence in the region. #brazil #expansion

2009 CE

Launch of KOF Digital Platform

Coca-Cola FEMSA launches a digital platform for distributors and retailers, improving supply chain efficiency. #digital #supplychain

2010 CE

Acquisition of Cervecería Cuauhtémoc Moctezuma's Bottling Operations

Coca-Cola FEMSA acquires the bottling operations of Cervecería Cuauhtémoc Moctezuma, expanding its footprint in Mexico. #acquisition #mexico

2011 CE

Sponsorship of FIFA World Cup

Coca-Cola FEMSA partners with FIFA to serve beverages during the 2010 FIFA World Cup, enhancing brand visibility. #sponsorship #fifa

2012 CE

Acquisition of Grupo Tampico's Remaining Stake

Coca-Cola FEMSA acquires the remaining 50% stake in Grupo Tampico, gaining full control of the bottler. #acquisition #control

2013 CE

Inclusion in Dow Jones Sustainability Index

Coca-Cola FEMSA is included in the Dow Jones Sustainability Index for its corporate responsibility and environmental practices. #sustainability #index

2014 CE

Launch of 'Yo Reciclo' Recycling Program

Coca-Cola FEMSA launches 'Yo Reciclo' (I Recycle) program in Mexico, promoting recycling among consumers. #recycling #environment

2015 CE

Acquisition of Brazilian Bottler Vonpar

Coca-Cola FEMSA acquires Vonpar Refrescos, a major Coca-Cola bottler in Brazil, for $1.8 billion. #acquisition #brazil

2016 CE

Divestiture of Non-Core Assets

Coca-Cola FEMSA sells its stake in the bottling operations of Coca-Cola in the Philippines and other non-core assets to focus on Latin America. #divestiture #strategy

2017 CE

Acquisition of Grupo Unido's Water Business

Coca-Cola FEMSA acquires the water bottling business of Grupo Unido in Argentina, expanding its water portfolio. #acquisition #water

2018 CE

New CEO Appointment

John Santa Maria Otazua is appointed CEO, leading the company through a period of digital transformation. #leadership #CEO

2019 CE

Launch of 'KOF 2.0' Strategy

Coca-Cola FEMSA announces a strategic plan focusing on digitalization, e-commerce, and sustainability. #strategy #digital

2020 CE

COVID-19 Response and Safety Measures

Coca-Cola FEMSA implements safety protocols and supports communities during the COVID-19 pandemic, ensuring supply chain continuity. #pandemic #safety

2021 CE

Investment in Recycling Infrastructure

Coca-Cola FEMSA invests $100 million in recycling plants across Mexico, targeting circular economy goals. #recycling #investment

2022 CE

Acquisition of Brazilian Bottler Refrescos Guararapes

Coca-Cola FEMSA acquires Refrescos Guararapes, a bottler in northeastern Brazil, for $1.2 billion. #acquisition #brazil

2023 CE

Launch of First Net-Zero Plant in Costa Rica

Coca-Cola FEMSA inaugurates its first net-zero carbon emissions bottling plant in Costa Rica, setting a sustainability benchmark. #sustainability #carbonneutral

2024 CE

Expansion of E-commerce Platform

Coca-Cola FEMSA expands its direct-to-consumer e-commerce platform, 'KOF Digital Store,' across Latin America. #ecommerce #digital