Coca-Cola FEMSA to Buy Panamanian CompanyThe Mexican group Coca-Cola Femsa has signed a preliminary agreement to acquire all the shares of Grupo Industrias Lácteas.Friday, October 15, 2010
This agreement includes a commitment of exclusivity in negotiations, subject to government approvals, authorizations and a complete corporate legal, financial and operational audit. Source: Femsa ¿Busca soluciones de inteligencia comercial para su empresa?Coca Cola Fined for Anti-Competitive PracticesJuly 2012 The penalty imposed by the Commission to Promote Competition in Costa Rica has been upheld after the First Chamber of the Supreme Court declared the last appeal filed by the company irrelevant. Coca-Cola FEMSA Completes Acquisition of "Grupo Industrias Lácteas"March 2011 The Mexican Corporation Coca-Cola FEMSA announced it has completed the acquisition of Panama's "Grupo Industrias Lácteas", parent company of "Estrella Azul", "Conservas Panameñas" and "Plásticos Modernos". Panama: Industrias Lácteas to Construct Dairy FactoryAugust 2010 The dairy produce company will invest between $60 and $80 million in this project, according to Panama America. Femsa's Revenue Up 64% in C.A.August 2009 Coca-Cola Femsa's revenue in the region for the first half of the year was 64% more than the same period of 2008.
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