Coca-Cola bottler to buy large bottling company in Mexico

ATLANTA - Coca-Cola&#39;s largest Mexican bottling company has purchased bottler Panamco in a $3.6 billion deal that will create the world&#39;s second largest Coca-Cola bottler. <br> <br> Officials from bottling company Coca-Cola FEMSA, of which Coca-Cola owns a 30 percent equity interest, approved the transaction Monday. Coca-Cola FEMSA is a subsidiary of Fomento Economico Mexicano, Latin America&#39;s largest beverage company in terms of sales. <br> <br> After acquiring Panamco, Coca-Cola FEMSA officials say the combined company will become the leading bottler of Coca-Cola products in Latin America with estimated pro-forma revenues of $4.6 billion and estimated total volume of 1.9 billion unit cases.

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