Femsa
FEMSA produces soft drinks such as Coca-Cola, Fanta, Sprite, and Ciel water. Already commanding the Mexico and Argentinean markets, Coca-Cola FEMSA bought Panamerican Beverages (Panamco), Latin America’s largest soft drink bottler, in May 2003. The purchase made Coca-Cola FEMSA the world’s #2 Coca-Cola bottler (Coca-Cola Enterprises is #1), having gained Panamco’s reach into Brazil, Colombia, Costa Rica, Guatemala, Nicaragua, and Venezuela. Fomento Econo Mexicano S.A. owns about 45% of the bottler and The Coca-Cola Company owns 40%.
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