Saturday, July 27, 2024

Arca Continental

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Nyongesa Sande
Nyongesa Sandehttps://bizmart.africa
Nyongesa Sande is a Kenyan blogger, Pan Africanist,c olumnist Political Activist , blogger, informer & businesman who has interest in politics, governance, corporate fraud, human rights and television personality.

Arca Continental is a Mexican multinational company that produces, distributes, and markets beverages under The Coca-Cola Company brand, as well as snacks under the Bokados brand in Mexico, Inalecsa in Ecuador and Wise and Deep River in the United States.

Arca Continental is the second-largest Coca-Cola bottler in Latin America. Through its Coca-Cola franchise. The company serves more than 123 million people in the Northern and Western regions of Mexico as well as in Ecuador, Peru, in the Northern region of Argentina and in the Southwestern regions of United States.

Arca Continental SAB de CV engages in the food and beverage industry that produces, distributes, and wholesales beverages and purified water. The company operates through the following segments: The Mexican Beverage segment, The Arca South American segment, and The Complementary Businesses segment. Its main activities are production, distribution and sale of soft drinks brands owned by the Coca-Cola Co. and the Topo Chico brand, as well as of salted snacks and confectionery products of the Bokados brand and Trechas sauces. The company distributes its products in the United States of America and in the Northern regions of Mexico and Argentina. Arca Continental was founded on June 1, 2011, and is headquartered in Monterrey, Mexico.

History

Arca Continental

Arca Continental, was created in 2001 as a merger of three of the oldest bottlers in Mexico: Argos, Arma, and Procor. This merger created the second-largest Coca-Cola bottler in Mexico. At that time, the company distributed its products in Northern Mexico.

Merger with Continental

In 2011, Arca and Grupo Continental —a Coca-Cola bottler headquartered in Tampico, Tamaulipas—agreed to merge into Arca Continental. Estimates at the time of the merger suggested that sales would be about 1.2bn.

Acquisitions

Embotelladoras Arca Continental fuel its growth during the 2000s by acquiring companies in Mexico, Argentina, and Ecuador. In 2017, Arca Continental announced the closing of a transaction with The Coca-Cola Company to acquire Great Plains Coca-Cola Bottling Company. This acquisition operates in some areas of the Southwestern United States, including the Texas, parts of OklahomaNew Mexico, and Arkansas. In May 2018, Arca Continental announced the construction of the first new bottling plant in the United States in over a decade. The new $250 million plant has been fully operational since March 2020.

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