Coca-Cola Femsa's M&A Duel With Arca Seen Moving Ahead to Chile

Updated on
  • Chile's Andina, Embonor seen as inevitable next targets
  • Two decades of Coke bottling consolidation leaves few choices

Bottles of Coca-Cola move down a conveyor at the Coca-Cola Femsa bottling facility in Toluca, Mexico.

Source: Coca-Cola Femsa

Mexico’s Coca-Cola Femsa SAB and Arca Continental SAB spent the last decade competing to buy up Coke bottlers across Latin America. Now they’re setting their sights on Chile.

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