Whatco

Coca-Cola FEMSA

Soft drinks bottling · Mexico

Coca-Cola FEMSA is the world's largest Coca-Cola franchise bottler by volume: it makes and delivers Coca-Cola drinks to about 2.1 million shops in Mexico, Central America, Brazil, Colombia, Argentina and Uruguay, buying concentrate from The Coca-Cola Company.

What makes it different

One in eight Coca-Cola cases worldwide comes from KOF.

12.3%Share of Coca-Cola system volumeFY2025

Being the system's largest bottler gives it scale in buying, routes and a say in the franchise's digital tools.

How big it is

How big is Coca-Cola FEMSA?

4.15BUnit casesFY2025
90,200+EmployeesFY2025
How it makes money FY2025

Mexico and Central America first.

  • Mexico & Central America58%MX$169.6B
  • South America42%MX$122.1B
How the business works

Buy concentrate. Bottle locally. Serve corner shops.

  1. 1Concentrate from Coca-Cola
  2. 255 plants in nine countries
  3. 32.1 million small shops

Most volume goes to small family stores, so its routes and the Juntos+ ordering app are the real moat.

Who owns it
  • FEMSA (through CIBSA)47.2%
  • The Coca-Cola Company27.8%

CEO: Ian Marcel Craig García

Who it competes with
Key moments
  1. 1979FEMSA buys Mexico City Coca-Cola bottlers
  2. 3-06The Coca-Cola Company takes 30%
  3. 3-09Listed in Mexico City and on the NYSE
  4. 3-05Panamco acquired
  5. 3-10Spaipa and Companhia Fluminense acquired
Sources

Every number on this page comes from Coca-Cola FEMSA's own reports.

Full profile

The rest of the story is in the app.

What Coca-Cola FEMSA tracks15 metrics
Points of sale
Share of Coca-Cola system volume
Transactions
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from7 regions
Mexico
Brazil
Colombia
The full timeline21 moments
2022
2024
2026
Coca-Cola FEMSA vs PepsiCoside by side
Revenue
Profit
People
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