Coca-Cola Femsa Begins Coffee-Dispenser Business in Mexico

Coca-Cola Femsa SAB, the largest soft-drink bottler in Latin America, plans to install as many as 35,000 coffee machines in corner stores in Mexico under the brand name Blak.

Coca-Cola Femsa is competing with Switzerland’s Nestle SA to sell coffee products such as cappuccino and latte, said Javier Astaburuaga, chief financial officer of parent company Fomento Economico Mexicano SAB, known as Femsa. The Mexico City-based bottler is setting up the dispensers in cities where it delivers Coca-Cola Co. products.