Coca-Cola FEMSA Completes Acquisition of "Grupo Industrias Lácteas"

©image: Coca-Cola Femsa

This is Coca Cola's first foray into the milk and dairy industry, which is one of the largest and most dynamic segments of the non-alcoholic beverages market in Latin America.

The acquired company comprises three organizations dedicated to manufacturing and commercializing milk, yogurt, ice creams, juices and nectar, with 1.800 employees and yearly sales of $140 million.

Coca-Cola Femsa owns 30 bottling plants in Latin America and serves over 1,5 million retailers in the region.

Source: Prensa.com

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