Coca-Cola FEMSA subsidiary Spal Indústria Brasileira de Bebidas signs non-exclusive distribution agreement with Grupo Perfetti Van Melle for the distribution of its products in its territories in Brazil

Sample article from our Food & Beverage

MEXICO CITY , July 15, 2022 (press release) –

Coca-Cola FEMSA, SAB de CV (BMV: KOFUBL; NYSE: KOF) (“KOF” or the “Company”), the largest public bottler of Coca-Cola products in the world in terms of sales volume, announces that its subsidiary Spal Indústria Brasileira de Bebidas SA, has signed a non-exclusive distribution agreement with Grupo Perfetti Van Melle (“Perfetti”) for the distribution of its products in its territories in Brazil . Perfetti is one of the world's largest manufacturers of confectionery and chewing gum, with global brands such as Mentos and Fruit-tela.

“This new agreement with Perfetti represents an important step to continue strengthening our multi-category platform in Brazil. Through this alliance, we seek to continue leveraging our strong distribution network, opening new avenues for growth, while contributing to increasing the coverage of Perfetti products in our territories, with the main objective of satisfying the needs of our customers and consumers." said John Santa Maria, CEO of Coca-Cola FEMSA.

About Coca-Cola FEMSA

Mexican Stock Exchange, Listing code: KOFUBL

NYSE (ADS), Quotation key: KOF | KOFUBL to KOF ratio = 10:1

Coca-Cola FEMSA, SAB de CV is the world's largest bottler by sales volume. The Company produces and distributes The Coca-Cola Company's trademark beverages, offering a broad portfolio of 131 brands to more than 266 million consumers each day. With more than 80,000 employees, the company markets and sells approximately 3.5 billion unit cases through 2 million points of sale per year. Operating 49 manufacturing plants and 260 distribution centers, Coca-Cola FEMSA is committed to generating economic, social and environmental value for all of its stakeholders throughout the value chain. The Company is a member of the Dow Jones Emerging Markets Sustainability Index, Dow Jones MILA Pacific Alliance Sustainability Index, FTSE4Good Emerging Index, of the IPC and Social Responsibility and Sustainability indices of the Mexican Stock Exchange, among other indices. Its operations cover certain territories in Mexico, Brazil, Guatemala, Colombia and Argentina and nationally in Costa Rica, Nicaragua, Panama, Uruguay and in Venezuela, through an investment in KOF Venezuela.

Disclaimer: The above content is auto translated

Source: FEMSA

[Category: Consumer Products, Food & Beverages]

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