MEXICO CITY Aug 31 Mexico's Coca-Cola Femsa, a
joint venture between Coca-Cola Co and Mexican retail and
bottling company Femsa, said on Saturday it
acquired Brazil's Spaipa S.A. Industria Brasileira de Bebidas in
a deal valued at $1.855 billion.
Coke Femsa, Latin America's largest Coke bottler,
said the all-cash acquisition would increase its volume in
Brazil by 40 percent. It said Spaipa generated net revenues of
$905 million in the 12 months ended June 30, 2013.
The deal comes days aftere Coca Cola Femsa said it completed
a separate all-cash purchase of Brazilian Coke bottler Companhia
Fluminense de Refrigerantes, for which it agree in June to pay