Brazil

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Coca-Cola FEMSA Reaches an Agreement to Acquire Vonpar in Brazil

Coca-Cola FEMSA, the largest public bottler of Coca-Cola products in the world by sales volume, announces that its Brazilian subsidiary, Spal Industria Brasileira de Bebidas S.A.(Spal), has reached an agreement with the shareholders of Vonpar to acquire 100% of Vonpar, one of the largest privately owned bottlers in the Brazilian Coca-Cola system, for an aggregate enterprise value of R$3,578 million and an approximate equity value of R$3,508 million (which is subject to confirmation on debt, cash and other customary adjustments between signing and closing). During the last twelve months ended June 30, 2016, Vonpar sold 190 million unit cases of beverages, including 23 million unit cases of beer, generating R$2,026 million in net revenues and an EBITDA of R$335 million.

Brazil: Coca Cola must reinstate the dismissed workers

Labor Justice dismissed the appeal of Sorocaba Refreshments on 13 May 2015 and the company now must reinstate the 200 workers dismissed earlier this year.

On 23 February 2015, 217 workers of Sorocaba Refrescos SA, which produces, markets and distributes Coca Cola Company products, received a notice from the company about their dismissal justified by the need to restructure the distribution services.

Coca-cola workers in Brazil launch national campaign for better wages and working conditions

The divergent wages paid by the same company in different states and those of different companies in the same state raise concern among beverage workers. The Food Industry Workers' National Confederation of Brazil (CNTA Afins) held a meeting on April 15, 2015 along with other union organizations in Sao Paulo to discuss wage and working conditions in the Coca-cola Company in Brazil.  On April 22, 2015 CNTA Afins announced the meeting's resolution containing a list of demands, such as the establishment of a wage floor equal to or higher than 1425 reais (around US$ 480), which is the highest salary payment for the beverage sector workers in Sao Paulo nowadays. The Coca-Cola Company in Brazil employs around 60 thousand direct workers and 600 thousand indirect workers.

Brazil: No progress in negotiations with Coca Cola franchise in Bahia

After several unsuccessful negotiations with management of Coca Cola franchise in Bahia, workers in the manufacturing unit of Salvador plant began to mobilize due to the huge gap between what they claim and what the company offers.

Trabalhadores da Coca Cola FEMSA aprovam reajuste salarial

Após um intenso processo de negociações, os trabalhadores da Coca Cola FEMSA da unidade de Cosmópolis (SP) fecharam o acordo garantindo 7,5 por cento de reajuste salarial, que será aplicado da seguinte forma: 6,5 por cento a partir de 1º de março de 2012, e mais 1 por cento a partir de 1º de maio de 2012.
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