Coca-Cola Femsa, a subsidiary of Femsa, is the largest franchise bottler of wide-moat Coca-Cola in volume terms. The company purchases beverage concentrates and syrup from Coca-Cola, which it then processes and packages for distribution through modern trade, traditional trade and the on-premises channel. Mexico and Brazil make up 80% of total sales, with the rest from other Central and South American countries, including Panama, Guatemala, Uruguay, and Argentina. Parent Femsa and Coca-Cola hold 47% a
MNST
SAP, NVO, RY, NVS, BHP, HLN, SLF, RHHBY, BP, ASML, BUD, CCEP, UL, SHEL, GSK, SNY, BABA, BCE, NXPI, LRLCY, CP, TSM, DEO, AZN, BTI, ENB, ALC, RIO, CNI
KDP
JJSF
KDP