December 06, 2016 3:31 PM ET

Beverages

Company Overview of Coca-Cola Femsa Philippines, Inc.

Company Overview

Coca-Cola Femsa Philippines, Inc. offers distribution and bottling services for soft drinks. It distributes soft drinks, bottled water, and juices, with outstanding brands, such as: Coca-Cola, Coca-Cola Light, Coca-Cola Zero, Lift, Powerade, Real Leaf, Royal Tru, Samurai, Sprite, and the bottled water brands Viva and Wilkins. The company was formerly known as Coca-Cola Bottlers Philippines, Inc. and changed its name to Coca-Cola Femsa Philippines, Inc. in January 2013. The company was founded in 1979 and is based in Taguig City, the Philippines. As of January 24, 2013, Coca-Cola Femsa Philippines, Inc. operates as a subsidiary of Coca-Cola FEMSA S.A.B de C.V.

27F Net Lima Building

5th Ave cor 26th Street

Bonifacio Global City

Taguig,  1200

Philippines

Founded in 1979

Phone:

63 2 840 6888

Fax:

63 2 894 3962

Key Executives for Coca-Cola Femsa Philippines, Inc.

Coca-Cola Femsa Philippines, Inc. does not have any Key Executives recorded.

Coca-Cola Femsa Philippines, Inc. Key Developments

COCA-COLA FEMSA Philippines to Invest $800 Million in the Local Business

COCA-COLA FEMSA Philippines, Inc. has committed to invest $800 million in the local business from this year until 2020 as it expects sales to expand along with the country's growing middle class. This year, Coca-Cola FEMSA will invest up to $170 million in the Philippines, adding that the capital outlay will include the acquisition of two production lines in areas where the company expects to see growth. The investment is expected to increase capacity by 20%.

Coca-Cola Femsa Philippines Seeks To Invest $800 Million

Coca-Cola Femsa Philippines, Inc. is investing up to $800 million between now and 2020 for the continued upgrade of its facilities and distribution centers in the country. According to Coca-Cola Femsa Chief Executive Officer Fabricio Ponce, the fresh capital outlay was meant to cater to the growing demand for its beverage products in the Philippines, its biggest expanding market in the region. "For 2016, our investment will mainly be in the expansion of our production and distribution capability and our market assets, together with a significant support to the welfare and development of our associates across the country," Ponce said.

Coca-Cola Femsa Philippines, Inc. Resolves Labor Dispute in Tacloban

Labor and Employment Secretary Rosalinda Dimapilis-Baldoz lauded the National Conciliation and Mediation Board (NCMB) and its regional branch in Region 8 (RCMB-VIII) for its fast settlement of a preventive mediation case between the Coca-Cola FEMSA Philippines, Inc. and its Tacloban Coca-Cola Plant Labor Union. The union and the management have settled the dispute, thus preserving the harmonious relationship between its 116 workers and the management. The RCMB-VIII, as facilitator, has successfully conciliated-mediated the dispute. For the alleged violation of CBA terms, the union acknowledged receipt of the PHP 100,000 goodwill bonus from the management. The signing of the new CBA will be set soon after the management review. As to the non-remittance of SSS and PAG-IBIG and loan repayments, the union agreed to coordinate with the concerned agencies as to the payment of their claims.

Similar Private Companies By Industry

Company Name Region
Consolidated Distillers of the Far East, Inc Asia
DateCola Asia
Kristal Water Source Corporation Asia
VuQo Inc. Asia
Absolut Distillers, Incorporated Asia

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Coca-Cola Femsa Philippines, Inc., please visit --. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.