Coke FEMSA Buys Panama Dairy Company

Coca-Cola FEMSA and the Coca-Cola Company have purchased Panama-based Grupo Industrias Lacteas for an undisclosed sum. The deal will allow the company to enter the milk and value-added dairy products category.

The beverage bottler and the Coca-Cola Company will begin the merger of Grupo Industrias Lacteas into the existing beverage platform they share for the development of non-carbonated products in Panama. Grupo Industrias Lácteas consists of IndustriasLácteas, Conservas Panameñas Selectas and Plásticos Modernos.

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