What is the difference between Coca Cola and Coca Cola Femsa?
In volume terms, Coca-Cola FEMSA is the largest franchise bottler of Coca-Cola beverages in the world. The company is authorized by The Coca-Cola Company (KO) (TCCC) to manufacture, sell and distribute Coca-Cola products within specific regions.
Who owns Coke in Brazil?
FEMSA
Coca-Cola FEMSA
Type | Public company |
---|---|
Net income | MXN$15.8 billion (2019) |
Total assets | USD$13.3 billion (2019) |
Parent | FEMSA |
Website | coca-colafemsa.com |
Is Coca Cola Femsa part of Coca Cola?
Coca-Cola FEMSA is the anchor bottler of Coca-Cola and its related soft drink products in much of Latin America. The company is an important part of the Coca-Cola System. During 2019, the company produced and sold 11.1% of Coca-Cola’s volume worldwide.
Who owns Mexican Coke?
The Coca-Cola Company
Mexican Coca-Cola has become popular in the United States due to its characteristic flavor, which results from being made with cane sugar instead of the high-fructose corn syrup used in the U.S. since the early 1980s….Mexican Coke.
Product type | Cola |
Owner | The Coca-Cola Company |
Country | Mexico |
Introduced | 1921 |
What’s the difference between KO and KOF?
KO gives you direct ownership of The Coca-Cola Company, while KOF gives you a stake in its largest bottler. KO has a stronger track record, more diversification, and a better credit rating, but KOF offers a much higher dividend yield.
Did Coca-Cola invent Brazil?
Originally marketed as a temperance drink and intended as a patent medicine, it was invented in the late 19th century by John Stith Pemberton in Atlanta, Georgia.
Does Coke own Heineken?
It is a joint venture between Coca-Cola HBC AG and Heineken International. Skopje brews the premium brand beer Skopsko as well as Gorsko.
Is KOF a good buy?
Barclays is very positive about KOF and gave it a “$55.00 – $62.00” rating on May 03, 2022. The price target was set to 54.04+1.77. Over the last 90 days, this security got 1 buy, 0 sell, and 0 hold ratings.
What countries is Coca-Cola not sold in?
There are now just two countries in the world where Coca-Cola cannot be bought or sold – at least, not officially. They are Cuba and North Korea, which are both under long-term US trade embargoes (Cuba since 1962 and North Korea since 1950).
Who owns Fomento Economico Mexicano?
Heineken N.V.FEMSA / Parent organization