Arca Continental

Arca Continental, S.A.B. de C.V., also known as Arca Contal or Arca Continental, is a Mexican beverage manufacturing and distribution company headquartered in Monterrey, Mexico. It manufactures soft drinks of brands owned or licensed by The Coca-Cola Company in Northern and Western Mexico, Ecuador, Peru, Northern Argentina, and Southwestern United States. It is the second-largest Coca-Cola bottler in Latin America and the third largest in the world.[1]

Arca Continental S.A.B. de C.V.
Sociedad Anónima Bursátil de Capital Variable
Traded asBMV: AC
IndustryBeverages
PredecessorEmbotelladoras Arca
Founded1 June 2001 (2001-06-01) in Monterrey, Mexico
FounderManuel L. Barragán Escamilla, Emilio Arizpe Santos, Tomás Fernández Blanco, Burton E. Grossman
Headquarters
Monterrey
,
Mexico
Area served
  • Mexico
  • United States
  • Ecuador
  • Argentina
Key people
  • J. Manuel Martinez Morales (Chairman)
  • Francisco Garza Egloff (CEO)
Products
  • Soft drinks
  • Bottled water
  • Sparkling water
  • Snacks
Revenue
  • US$ 7,280 million (2017)
  • US$ 4,713 million (2013)
  • US$ 800 million (2017)
  • US$ 468 million (2013)
Total assets
  • US$ 5,423 million (2014)
  • US$ 5,066 million (2013)
Number of employees
  • 43,700 (2014)
Websitewww.arcacontal.com

Arca Continental reported revenues of US$4.6 billion for 2014. It operates bottling plants and distribution centers in Mexico, Ecuador, Peru, Argentina, and the United States.[2] It also operates a snack business with plants and distribution centers in Mexico, the United States, and Ecuador.

Arca Continental is listed on the Mexican Stock Exchange since 2001 and is a constituent of the IPC, the main benchmark index of Mexican stocks.

History

Origins

The origins of the company date back to the times of the Mexican Revolution, to the founding of three independent companies in different cities. In Monterrey, the sparkling water bottler Topo Chico Company started operations in 1908 and became the first Mexican bottler of The Coca-Cola Company in 1926; Procor became its holding company in 1980. In Saltillo, the ice producing company Arma was founded in 1918 and it also became a Coca-Cola bottler in 1926; Argos initiated the same activity in Ciudad Juarez in 1936.

Embotelladoras Arca

Embotelladoras Arca, S.A. de C.V. was created in 2001 as a merger of the three oldest bottlers in Mexico: Argos, Arma, and Procor.[3] 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, Embotelladoras Arca and Grupo Continental —a Coca-Cola bottler headquartered in Tampico, Tamaulipas— agreed to merge into Arca Continental.[4] Estimates at the time of the merger suggested that sales would be about 1.2bn.[3] Only Coca-Cola FEMSA was a larger bottler at the time of the merger.[3]

Acquisitions

Embotelladoras Arca fuel its growth during the 2000s by acquiring companies in Mexico, Argentina, and Ecuador. In 2017, Arca announced the closing of a transaction with The Coca-Cola Company to acquire Great Plains Coca-Cola Bottling Company, which operates in some areas of the Southwestern United States, including the State of Texas, and parts of Oklahoma, New Mexico, and Arkansas. In May 2018, Arca announced the construction of the first new bottling plant in the United States in over a decade. The new $250 million plant will be 1 million sq. ft on a 140-acre site in Houston, Texas.

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gollark: ```rustpub struct List<T> { head: Link<T>,}type Link<T> = Option<Box<Node<T>>>;struct Node<T> { elem: T, next: Link<T>,}```

References
  1. Arca Continental 1Q15 Earnings Results
  2. Reporte Anual 2014. Arca Continental
  3. "In the Spotlight - Embotelladoras Arca and Grupo Continental merger". www.just-drinks.com. 2011-01-28. Retrieved 2019-01-26.
  4. "Embotelladoras Arca and Grupo Continental Announce Binding Merger Agreement". www.businesswire.com. 2011-01-24. Retrieved 2019-01-26.
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