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The competition fizzles. (Panorama).


Coca-Cola Femsa Coca-Cola FEMSA is the anchor bottler of Coca-Cola and its related soft drink products in much of Latin America. The company is an important part of the Coca-Cola System. Specifically, Coca-Cola FEMSA distributes about 10% of the worldwide production of Coca-Cola products. , a Mexican Mexican

named after or originating in Mexico.


Mexican axolotl
see ambystomamexicanum.

Mexican beaded lizard
(Heloderma horridum
 beer-and-pop conglomerate conglomerate, in business
conglomerate, corporation whose asset growth, often very rapid, comes largely through the acquisition of, or merger with, other firms whose products are largely unrelated to each other or to that of the parent company.
, paid US$3.6 billion for Latin America's largest soft-drink bottler, Panamco. As a result of the acquisition, Coca-Cola Femsa will occupy the top spot in Mexico's soft-drink market as well as rank among the biggest bottlers in Guatemala, Nicaragua, Costa Rica Costa Rica (kŏs`tə rē`kə), officially Republic of Costa Rica, republic (2005 est. pop. 4,016,000), 19,575 sq mi (50,700 sq km), Central America. , Panama, Colombia, Venezuela, Brazil and Argentina. With estimated revenues of $4.6 billion, the merger will result in the world's second-largest Coca-Cola bottler. The company will also increase its lead on Pepsi-Gemex. The Pepsi Bottling Group recently invested $885 million in its Mexican unit in an attempt win over some of Coca-Cola's 70% market share.
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Title Annotation:Coca-Cola Femsa acquires Panamco
Publication:Latin Trade
Article Type:Brief Article
Geographic Code:1MEX
Date:Mar 1, 2003
Words:103
Previous Article:It's the law.(multiple Latin American legal news briefs)
Next Article:Distant neighbors. (Tradetalk).(trade growth between US and Latin American countries )(Brief Article)(Illustration)
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