Mexican Coca Cola Bottler FEMSA Acquires Rival

FEMSA, which is known as the largest beverage company in Mexico, recently received the title of largest independent Coca-Cola bottler in the world as of September 2011. Coke FEMSA acquired its smaller rival, the family-owned Tampico, with a deal to the tune of 9.3 billion pesos ($702 million). Tampico is a supplier of juice concentrates and sells in over 50 countries.

Video: Coca Cola Executive Talks About Mexico and Its Market Potential

In an interview with Mexico Today, Coca Cola CEO and Chairman Muhtar Kent speaks about Coca Cola doing business in Mexico. The Coca Cola company has been in Mexico for over 85 years. See what the CEO had to say of its #2 global market, the operations of the business, and the tremendous opportunities available in Mexico.