Coca-Cola FEMSA’s $250.7 Million Acquisition of Montevideo Refrescos S.R.L. (Monresa)


Guyer & Regules, Cleary Gottlieb Steen & Hamilton, DLA Piper and Posadas, Posadas & Vecino advised on the deal

Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOFL, NYSE: KOF) (“Coca-Cola FEMSA” or “the Company”, the largest Coca-Cola franchise bottler in the world by sales volume, announces the acquisition of Montevideo Refrescos S.R.L. (“MONRESA”) from The Coca-Cola Company (NYSE: KO), in an all cash transaction. The aggregate enterprise value for this transaction is US$ 250.7 million, on a cash free and debt free basis.

MONRESA was founded in 1943 and is the exclusive distributor and manufacturer of the extensive Coca-Cola beverage portfolio in Uruguay, serving a market of 3.4 million consumers through 26 thousand points of sale.

The integration of this franchise increases Coca-Cola FEMSA’s presence to 11 countries worldwide.

Cleary Gottlieb Steen & Hamilton advised Coca Cola FEMSA, S.A.B. de CV. with Chantal Kordula (Picture) William McRae, Kathleen Emberger, Linda Zang, Sabria Cornish, David Stuckey, Jane Rosen and Alex Eaton.

In Uruguay, Guyer & Regules advised Coca Cola FEMSA, S.A.B. de CV. with Nicolás Piaggio, Carolina Herrera and Guzmán Rodriguez Carrau.

DLA Piper advised The Coca Cola Company with Frank Layson, Jeremy S. Corcoran, Ute Krudewagen. Asociados Michelle Zimmerman Marchiony, Jose Francisco Irias and Mario A. Bolaños.

Posadas, Posadas & Vecino advised The Coca Cola Company with Fernando de Posadas Trambauer, Gerardo Caffera, Karina Souza, Eduardo Ferrari, Renzo Bevegni de Arrascaeta and Sergio Umpiérrez.

Involved fees earner: Nicolás Piaggio – Guyer & Regules; Carolina Herrera – Guyer & Regules; Guzmán Rodríguez Carrau – Guyer & Regules; Fernando de Posadas – Posadas, Posadas & Vecino; Gerardo Caffera – Posadas, Posadas & Vecino; Karina Souza – Posadas, Posadas & Vecino; Eduardo Ferrari – Posadas, Posadas & Vecino; Renzo Bevegni – Posadas, Posadas & Vecino; Sergio Umpierrez – Posadas, Posadas & Vecino; Frank Layson – DLA Piper; Jeremy Corcoran – DLA Piper; Michelle Zimmerman Marchiony – DLA Piper; Mario Bolaños – DLA Piper; Ute Krudewagen – DLA Piper; Jose Francisco Irias – DLA Piper; Chantal Kordula – Cleary Gottlieb Steen & Hamilton; Linda Zang – Cleary Gottlieb Steen & Hamilton; Sabria Cornish – Cleary Gottlieb Steen & Hamilton; William McRae – Cleary Gottlieb Steen & Hamilton; David Stuckey – Cleary Gottlieb Steen & Hamilton; Kathleen Emberger – Cleary Gottlieb Steen & Hamilton; Alexander Eaton – Cleary Gottlieb Steen & Hamilton; Jane Rosen – Cleary Gottlieb Steen & Hamilton;

Law Firms: Guyer & Regules; Posadas, Posadas & Vecino; DLA Piper; Cleary Gottlieb Steen & Hamilton;

Clients: Coca-Cola; Coca-Cola FEMSA, S.A.B. de C.V.;