Coca-Cola Femsa SAB de CV (KOF) Sector
Consumer Staples

(Current) $81.85
-0.50 (-0.61%) Open Price: 83.06

 

Coca-Cola Femsa, SAB de CV, also known as Coca-Cola FEMSA or KOF, is a giant in the beverage industry. This Mexican multinational company, headquartered in Mexico City, holds the title of the largest Coca-Cola bottler in the world. Founded in 1991 as a joint venture with The Coca-Cola Company, it's a public company with a unique ownership structure. FEMSA, a Mexican beverage and retail giant, owns nearly half the stock, while The Coca-Cola Company itself holds a significant portion. The remaining shares trade on the Mexican Stock Exchange and the New York Stock Exchange under the ticker symbol KOF.

 

Coca-Cola FEMSA isn't just about Coca-Cola products. They produce, distribute, and sell a vast portfolio of beverages. This includes the ever-popular Coca-Cola brand, along with other sparkling drinks, flavored options, and even water. But their reach extends beyond just fizzy drinks. They also bottle and sell juice drinks, coffee, tea, sports drinks, and even some dairy products. Their product diversity caters to a wide range of tastes and preferences, making them a major player in the Latin American beverage market, with their largest and most profitable market being Mexico itself.

 

Sustainability is a key focus for Coca-Cola FEMSA. They strive to create economic value while fostering social and environmental wellbeing. This commitment is reflected in their efforts to reduce water usage, increase renewable energy use in their bottling plants, and achieve waste reduction certifications. Their website highlights their achievements in these areas, showcasing their dedication to responsible business practices.

 

The company has a well-established presence across Latin America. In 2003, they expanded beyond Mexico through the acquisition of Panamco, another Coca-Cola bottler with operations in Central and South America. They've continued to grow through strategic acquisitions, solidifying their position as a beverage leader in the region.

 



 

(12/05/24) $83.06
(12/06/24) $82.35
(12/06/24) (Qty.)116,332
(12/05/24) $81.91
(12/05/24) $83.79
(11/17/24) $77.20
(12/01/24) $83.79
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