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Mexican Bottler Grows As Coke Enjoys Latin American Popularity
Tagged: latin america
Latin America’s largest beverage company, Fomento Economico Mexicano (NYSE:FMX) , might have a couple of good reasons to pop the bubbly.
In December, public documents revealed that Bill Gates’ investment arm, Cascade Investment, had taken a 5% stake in the company, which goes by the name Femsa FMX.
On Wednesday, beverage giant Coca-Cola KO announced that Latin American soft drink volumes grew 10% in the fourth quarter, making the region one of the best performers in the world.”*
*From: money.cnn.com
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Filed Under: 1. Hispanic News, Business, Business News, Eye Openers, Food
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