The brand of Coca Cola Femsa, the most important Coke bottler on this planet, is pictured at its headquarters in Monterrey, Mexico, April 25, 2017. REUTERS/Daniel Becerril/File Photograph
MEXICO CITY, April 19 (Reuters) – Coca-Cola FEMSA (KOFUBL.MX) has reached an settlement to distribute Campari Group merchandise in Brazil, the Mexican bottling firm mentioned on Tuesday.
Italy’s Campari, identified for its alcoholic drinks akin to Aperol, SKYY vodka and Wild Turkey, will likely be distributed within the South American nation by a Coca-Cola FEMSA subsidiary and the Coca-Cola system, of which Coca-Cola FEMSA is a component.
“We hope to leverage the power of our distribution community and execution capabilities to extend Campari’s presence in our territories,” mentioned John Santa Maria, Coca-Cola FEMSA’s chief government.
The Mexican agency, one of many largest Coca-Cola producers on this planet, mentioned in December it had made a deal to amass Brazil’s CVI Refrigerantes for 632.5 million reais ($111 million).
Reporting by Raul Cortes and Kylie Madry;
Enhancing by Bernadette Baum
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