Mexico City, Mexico - December 17, 2021 - Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOF UBL; NYSE: KOF) (“Coca-Cola FEMSA” or the “Company”), announces that its Brazilian subsidiary Spal Industria Brasileira de Bebidas S.A. (“Spal”) has reached an agreement to acquire 100% of Brazilian Coca-Cola bottler, CVI Refrigerantes Ltda. (“CVI”). The parties agreed to an all-cash transaction for an enterprise value of R$632.5 million (subject to confirmation on debt, cash and other customary adjustments between signing and closing).
Coca-Cola FEMSA reaches an agreement to
acquire CVI Refrigerantes in Brazil
Mexico City, Mexico - December 17, 2021 - Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOF UBL; NYSE: KOF) (“Coca-Cola FEMSA” or the “Company”), announces that its Brazilian subsidiary Spal Industria Brasileira de Bebidas S.A. (“Spal”) has reached an agreement to acquire 100% of Brazilian Coca-Cola bottler, CVI Refrigerantes Ltda. (“CVI”). The parties agreed to an all-cash transaction for an enterprise value of R$632.5 million (subject to confirmation on debt, cash and other customary adjustments between signing and closing).
Perfect! more profit